January 2012
Beginner to intermediate
192 pages
6h 29m
English
Content preview from Case Studies in Business Ethics and Corporate Governance
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Satyam–Maytas 129
raised many doubts in the minds of the public. The incident had hurt the perception of Corporate
India and resulted in unjustifi able damage to Brand India and brand IT in particular.
Directors:
Satyam’s CFO, Mr. Srinivas Vadlamani, was arrested soon after the scam broke out.
Many others were also taken into custody mainly due to their own mistake of not actively partici-
pating in the management of the organization.
Competitors: The competitors like Infosys, HP and Accenture were the main benefi ciaries due to
this scam. This was also a lesson well learnt for other companies in this sector.
CORPORATE GOVERNANCE
The whole concept of corporate governance is based on the values and the processes that are followed
in the organization. ...
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