Business Ethics and Corporate Governance, Second Edition

CASE STUDY: SATYAM COMPUTER SERVICES LIMITED

(This case study is based on reports in the print and electronic media, and is meant for academic purpose only. The author has no intention to sully the image of the corporate or executives discussed.)

A BRIEF HISTORY

Established on 24 June 1987 by B. Ramalinga Raju and his brother-in-law, D. V. S. Raju, Satyam Computer Services Limited was incorporated in 1991 as a public limited company. In a short time, it became a leading global consulting and IT-services company spanning 55 countries. During its heyday, it was ranked as India’s fourth largest software exporter, after TCS, Infosys and Wipro, and was one of the few Indian IT services companies listed on the New York Stock Exchange (NYSE). The 1990s, ...