Sr No. Topic Page No. 1 Introduction - ethics 4 2 Business Ethics 4 3 Overview of Issues in Business Ethics 5 4 Satyam 8 5 Controversies 9 6 Details of Satyam Scam 10 7 Analysis 13 8 Conclusion 15 Ethics. Ethics is a branch of philosophy which seeks to address questions about morality‚ such as how a moral
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Securities Exchange Board of India‚ which‚ primarily‚ is the corporate governance mandate in India. Design/methodology/approach – This paper has been developed on the basis of intensive interviews conducted with 16 legal experts working with 50 top listed companies and seven advocates from the Delhi High Court and the Supreme Court of India‚ literature survey from research papers‚ bare acts and policy guidelines on corporate governance by the Government of India. Findings – Two contrary opinions are being
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INDUS BUSINESS ACADEMY ASSIGNMENT ON A CASE STUDY OF ANY COMPANY DOING FRAUDULENT ACTIVITY AND ITS FURTHER PROCEEDINGS SUBMITTED BY: Radha Gupta FPG/1113/023 COMPANY BACKGROUND:- Mahindra Satyam (formerly Satyam Computer Services) is an Indian IT services company based in Hyderabad‚ India. It was founded in 1987 by B Ramalinga Raju. Mahindra Satyam is a part of the Mahindra Group which is one of the top 10 industrial firms based in India. The company offers consulting and information
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Andhra High Court Ledalla Ravichandar And Another vs M/S Satyam Computer Services ... on 7 February‚ 2011 THE HON’BLE SRI JUSTICE N.R.L. NAGESWARA RAO CITY CIVIL COURT APPEAL No. 259 OF 2002 07-02-2011 Ledalla Ravichandar and another M/s Satyam Computer Services Limited‚ A Public Limited Company‚ represented by Authorised Signatory Counsel for the Appellants: Ledalla Ravichandar and another Counsel for the Respondent: M/s Satyam Computer Services Limited‚ a Public Limited Company Rep
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SATYAM: BROTHERLY DEMISE THE RISE AND FALL OF RAMALINGA RAJU 1 TABLE OF CONTENTS COVER PAGE TABLE OF CONTENTS EXECUTIVE SUMMARY 1. BACKGROUND 2. RAMALINGA RAJU AND THE SATYAM SCANDAL 2.1 FACTORS LEADING TO THE FRAUD 2.2 AFTERMATH OF THE SATYAM SCANDAL 2.3 VICTIMS OF THE SCANDAL 2.4 CORPORATE GOVERNANCE ISSUES AT SATYAM 2.5 ETHICAL DILEMMAS FACED BY RAJU 1.1 INDIA IN THE GLOBAL ECONOMY 1.2 MERGENCE OF SATYAM COMPUTER SERVICES E 3. HOSMER’S SIX STEP PROCESS
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11/18/2014 Students of MSc. Financial and Managerial Accounting • Sonia Saher • Mohammad Waqas • Lu Tran Diem Trinh • Xin Wang 2 Roadmap: Introduction to Satyam and agency conflict overview Stakeholders at Satyam (presenter M. Waqas) Inadequacy in Satyam’s Corporate Governance (Presenter Trinh) Suggestions to save Satyam ship (Presenter Xin) Questions will be entertained at the end 11/18/2014 3 B. Ramalinga Raju‚ January 7th 2009 "It was like riding a tiger‚ not knowing how to get
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On January 7‚ 2009‚ Mr. Raju confessed in a letter to the Satyam Computers Limited Board of Directors “he had been manipulating the company’s accounting numbers for years”. Mr. Raju claimed that he overstated assets on Satyam’s balance sheet by $1.47 billion. Nearly $1.04 billion in bank loans and cash that the company claimed to own was non-existent. Satyam also underreported liabilities on its balance sheet. Satyam overstated income nearly every quarter over the course of several years in order
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Index Including Satyam. Whenever we talk about Unethical governance in accounting practices the 1st and foremost name which comes in to our mind is of Price Water house Coopers‚ PwC has followed unethical governance with many of its clients. But‚ It came into limelight is Indian scenario in a broader aspect due to the fraudulent activity done by Satyam (Ramalinga Raju) with the accounting books. After the Satyam scandal PwC Realized the Importance of ethical Corporate Governance. PwC was a Statutory
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Semester 2‚ 2013 DRAFT This course lays the foundation for the understanding of human behaviour in organisations‚ providing students with a comprehensive exposure to organisational behaviour theories‚ research and workplace issues illustrated with case studies and examples primarily within an Australian and Asia-Pacific context. Topics include: overview of OB‚ personnel selection‚ individual differences‚ work motivation‚ work attitudes and values‚ occupational stress‚ high performance teams‚ training
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The Satyam Computer Services embarrassment was a corporate shock that happened in India in 2009 where official Ramalinga Raju conceded that the association’s records had been contaminated. The Global corporate gathering was staggered and scandalized when the director of Satyam‚ Ramalinga Raju surrendered on 7 January 2009 and conceded that he had controlled the records by US$1.47-Billion. In February 2009‚ CBI expected control over the examination and recorded three charge sheets (on April 7‚ 2009
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