Ramalinga Raju The man behind the rise and fall of SATYAM’s success Presented By: 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
Premium Tax Income tax Audit
The Vietnam War is viewed by the majority as one of the worst periods in American history. The Americans moved into Vietnam in 1954 under the pretence of fighting against an "evil and aggressive Communist regime"1. The government stated the Domino Theory as a reason for involving themselves in someone else’s war‚ whereby if America did not stop Vietnam from falling to Communism then other countries would follow‚ and American liberty‚ free enterprise and security would be put at risk. It is hard to
Premium Vietnam War Vietnam United States Army
Cindy Denton Earth Science NASA Opinion Essay 4/12/13 Humans are inquisitive creatures by nature. Humans always want to know where they have been and where they can go. It started as simply migrating for food‚ and then advanced to sailing for slave labor and spices. Spices led to power struggles. Power struggles led to the birth of new countries‚ such as America. And even within America‚ there have been travels and migrations for everything from religion and race to gold and jobs. The biggest
Premium Space exploration NASA International Space Station
INTRODUCTION Inter country adoption has appealed to the public consciousness in two contradictory ways. Inter country adoption is presented as a heart heating act of good will that benefits both child and adoptive family on the one hand. The child is characterized as a bereft orphan doomed to a dismal future within a poor country. All the child is a chance and a home and that is provided to him by the adoptive parents ‚ who with their love‚ sympathy and compassion provide the child with a new life
Premium Adoption United States India
accounting firm that held by reputation and trust by public and investor but it facing bankruptcy in the end. Early of the 20th century‚ invertors don’t know who can be trust because there was spread of business scandals. All they need was auditors. Andersen establishes a company to be trusted. He and his auditors will check and certificate the company accounts if the accounts were honestly and accurately. Andersen advises his partners to pay attention on public needs rather than the profit of company make
Premium Accounting scandals Enron Corporate scandals
Since the Vietnam War‚ the public’s opinion has played major roles in how policymakers operate. Their opinions may not always support to choices which are best for the country‚ however they are still factored into the decision making. Richard Sobel discusses several cases on how the public’s attitudes have affected policymaker’s decisions in his book‚ "The Impact of Public Opinion on U.S. Foreign Policy Since Vietnam." During the Persian Gulf War‚ public opinion ultimately shaped policy. How the
Premium
University of North Carolina Academic Scandal Many colleges are known for their prestigious academics or sports teams; University of North Carolina was known for both. Five years ago a sandal arose that changed the University of North Carolina reputation immensely. A report came out that said the university was offering courses that were so incredibly easy that students were allowed to pass with flying colors without even showing up to class or turning anything in. In the article by CNN‚ “UNC report
Premium Basketball High school College
supermarkets should shoulder a portion of the blame. PM David Cameron has warned British retailers that ultimately they are responsible for the safety and standards of the food they supply to the public. (Henry McDonald 2013). Supermarket ‘Buyer power’ (Scholes (2011 P.56) may also play a role within the scandal. Large corporations such as Tescos have vast buying power in the food sector. They continually pressurize their suppliers for products at lower prices which help them keep their ‘resource costs’
Premium Meat Crime Supermarket
Internal Revenue Service Scandal The Internal Revenue Service has been at the center of a controversial scandal along with a few political figureheads. This scandal has had Congress to convene several times and affected many officials. In Washington‚ lawmakers have had documents retained and personnel named to be summoned to testify. It is interesting that during a two-year period‚ 298 groups sought-after tax-exemption but a third of them received additional scrutiny. According to Shesgreen
Premium Ethics Taxation in the United States
An example of the Ford Pinto scandal‚ where organizational leaders mad bad decisions are related to the Ford Pinto catching fire when involved in a rear-end crash where a defect in design or manufacturing could lead to death or serious bodily harm. Ford had access to a new design which would decrease the possibility of the Ford Pinto from exploding‚ the company chose not to implement the design‚ which would have cost $11 per car‚ even though it had done an analysis showing that the new design would
Premium Ford Pinto Ford Motor Company Station wagon