This case is about $ 1.4 billion corporate fraud control in the fourth-largest in the Indian information technology company: Services Satyam Computer. The company offered IT outsourcing about 690 customers, including 185 of the Fortune 500 companies such as GE, Nissan Motors and General Motors. By 2008, Satyam is a global company operating in 37 countries. The case traces the rise and fall as Satyam and its founder, Raju, which was an important celebrity in corporate India. The case provides an opportunity to understand the various aspects of corporate governance and can be used to study the causes of corporate failures in the management of the company and the risks that it may encounter after the scandal. This will help students understand the role of promoter of independent directors, auditors and government control of corporate bankruptcies. The case can also be used as a tool for teaching the theory of corporate governance. "Hide
by Vanita Yadav Source: University of Hong Kong, 22 pages. Publication Date: September 14, 2010. Prod. #: HKU889-PDF-ENG
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