SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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Charles Ponzi .. The Scandal !!! By: Rawan Al-Deraibi Class of: Prof. Alan J. Pan Who is Ponzi?!! Born in 1882 in Parma‚ Itlay‚ Charles Ponzi was the infamous swindler who payed out returns (To give money in exchange for goods or services) with other investors’ money. The "Ponzi scheme" is named after him. After running a highly profitable and expansive investment scheme‚ Ponzi was arrested on August 12‚ 1920‚ and charged with 86 counts of mail fraud. Owing an estimated $7 million‚ he pleaded
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sticks in the mud who need to get out more. The truth is‚ is that my family is a group of individuals who help each other live. We are so much alike‚ while at the same time being nothing alike that it brings us all closer. So the idea of a ritual or a rite of passage is foreign to me‚ none of us do the same things and all of our interests are completely opposite. That’s when I thought of the thing that everyone in my family does‚ we find ourselves. One common thread that runs through all of us is the
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HIH Insurance Company Background HIH was originally found in 1968 by Ray Williams‚ then was acquired by British company CE Health PLC in 1971‚ and renamed as "HIH" in 1995. Before its collapse‚ HIH was the second largest insurance company in Australia‚ and covered several insurance segments‚ including worker’s compensation‚ public and private liability‚ property‚ industrial and commercial insurance. It also expanded globally into the US and UK markets. On March 15‚ 2001‚ HIH insurance was
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cultures participate in initiation‚ or rite of passage‚ rituals. These initiations “include strenuous tests to move childhood into adulthood… [And] a positive reaction to these tests is seen as a sign of growing maturity” (Rogoff‚ 2003‚ p. 174). Of the abundant rituals performed in cultures‚ a common ritual emerges – the initiation of boys and girls into manhood and womanhood. When viewing the Coming of Age ceremonies this week‚ I chose to discuss the warrior’s rite of passage‚ practiced in the Maasai
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thought this dancing style was weird or odd because it was like nothing they had seen before. While watching the rite of spring‚ I did not feel that it was a classical modern dance style. I feel that classical modern dance is not as intense as the rite of spring was in this video. The video was powerful and passionate and I feel like the later dance styles were more similar to the rite of spring. Next up is the postmodern modern dance period. When the 1960’s came around‚ there was a new style of
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2013 The Many Meanings of Scandal Themes * Slander * Attacks on personal and public reputation * Take people to court for slander * Print Media * Publicity * Personal Attacks * Gossip * The engine of scandal * Doesn’t have to be true * Public figures * The most likely figures. They invite scandal because they are in the public sphere. Slander has been limited to people who stay private. Etymology of Scandal * Greek meaning – Skandalon
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Rite of Passage Every person begins their life with a birth and ends it with death. In our lives‚ there will be other rites of passage that will still have great importance; celebrating birthdays‚ graduation from school or collage‚ getting jobs‚ marriage‚ having kids‚ transition from child to adult and even divorce. Rites of passage help many people feel part of their respective society. Making their lives sweeter or bitter. Easier or harder. Better or more difficult. Their changes are huge‚
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and A Separate Peace The rite of passage‚ according to Encarta‚ is an event or act that marks a significant transition in a human life usually referring to adulthood (Online 1). In many Indian tribes‚ ceremonies were held for youths trying to pass a series of tests in order to become an adult‚ many times the tests? involve a display of physical prowess. In Western Civilization reaching a rite of passage into adulthood can occur in many ways. The young adult must achieve an understanding about ones
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The rite of passage is an important transition in a person’s life and the stages of their life/changing role. The rite of passage for the Vanuatu tribe is land diving. Land diving is a way of life for this tribe. Vanuatu’s land diving is an extreme bungee jump. For boys‚ land diving is a huge leap into manhood (Hagman). “According to legend‚ the land dive originated when a frightened wife‚ attempting to escape from husband‚ climbed a tall tree. He sighted and then pursued her‚ but just before
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