Corporate Malfeasance has earned a place among the defining themes of the last decade -and - a half, helping give birth to the present global recession and financial crises. The following companies were recently involved in corporate scandal relating allegations of unethical behaviour by individuals acting within or on behalf of the corporation, these corporate scandals predominantly involve financial fraud of some sort. A wave of such scandals swept many companies in recent times. The following international company were recently involved in financial and accounting scandals.

Tyco - New Jersey based blue chip Swiss Security Systems

REQUIRED:

a) Give a brief but comprehensive summary of the scandal that took place (Introduction)

b) What actually happen?

c) Who was involved or who were the main players?