An unrelated acquisition selection by Satyam Corporation created discontent among shareholders and lead to a number of investigations. This led to resignations by several board members as well as the CEO. The entire episode became a mockery of corporate governance practices, raising questions about the efficacy of nicely accepted establishment norms. This case covers the events that led to the failure of Satyam in detail. The functions of not only the supporter but in addition other parties, such as the managers, board of directors, auditors and bankers, are discussed in detail.
This case could be used in an undergraduate, MBA and executive development program to emphasize following issues:
- ) Ethics and corporate governance:
This case might be utilized to talk about the effectiveness of current corporate governance regulations and how can they be made more successful. Smaller companies inherit the corporate values from their founders. In bigger companies, supervisors and board members play a pivotal role in shaping the corporate values. This case might be utilized to talk about the factors affecting development of corporate worth.
PUBLICATION DATE: April 29, 2011 PRODUCT #: W11095-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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