VANITA YADAV C.V. BAXI CORPORATE GOVERNANCE FAILURE AT SATYAM “Why do you want to quit Satyam,”1 the panel member asked the 30-year-old employee being interviewed. Satyam Computer Services Ltd (“Satyam”) was India’s fourth-largest computer services company; however, many employees had left and applied for new jobs after news of a US$1.4 billion corporate fraud at Satyam became public in December 2008. 2 Satyam’s governance failure had severely shaken its stakeholders and the global business community
Words: 8868 - Pages: 36
emeraldinsight.com/1754-243X.htm Corporate governance theorising: limits, critics and alternatives Stephen Letza and James Kirkbride Liverpool John Moores University, Liverpool, UK Corporate governance theorising 17 Xiuping Sun Leeds Business School, Leeds Metropolitan University, Leeds, UK, and Clive Smallman Commerce Division, Lincoln University, Canterbury, New Zealand Abstract Purpose – This paper seeks to examine the mainstream theories of corporate governance in an attempt to suggest
Words: 8670 - Pages: 35
CORPORATE GOVERNANCE IN TURBULENT TIMES ABSTRACT The last few years we have seen some major scams and corporate collapse across the globe. In India, the major example is Satyam which is one of the largest IT companies in India. All these events have made stake holders realize the urgency and importance of good corporate governance. Before investing money in any company people are quite concerned how companies are being managed
Words: 17221 - Pages: 69
helped me better understand how Sison is interpreting Aristotle in today’s complex global business world. I have cited several of these cases to help the reader make a solid connection between structure, intent morality, ethics, accountability and corporate motives. I typically use colored “flags” to note important points and passages in a book I am reading for meaning. After reading the Pava (2003) text, I looked back and saw over fifty colored flags! The personal significance of this book has been
Words: 5616 - Pages: 23
Jashldkahsdkhalksdlakjsldkjasjdlkajlskdjlkajksjdlkajsd Asdj;ajsdkjakjsdkjaksjdkajskdjajsldkja jkajsldkjalkjsldkjlakjsdlkjalkjsdkakjsdkajlksjdlkajlskdx Collins, Ellen I have attained two undergraduate degrees in European studies and law and a Masters degree in trade, corporate governance and European law; in highly recognisable UK universities. Currently I am undertaking a full time Masters degree in Business law in one of the best UK and world universities. I am an experienced researcher and I have worked on different
Words: 28138 - Pages: 113
with other banks in the industry. Our analysis of these two banks is based on the comparison of main components including, corporate governance, risk management, and financial analysis. Chapter one introduces the contextual outlook of the two Banks. This includes vision mission, objectives and the competitive position of the two banks. Chapter Two reviews the Corporate Governance of the Banks. We have analysed the compliance of code of best practice by the two banks. Chapter Three explains
Words: 9803 - Pages: 40
Objectives ……………………………………………………………………………………….……5 Corporate Strategy ……………………………………………………………………….…………6 Policies ………………………………………………………………………………….……………9 Diversity ……………………………………………………………………………..….………….9 Equal Opportunity Employer ……………………………………………………….….……….10 Ethical Standards/code of conduct ………………………………………………….….….……10 Suppliers ……………………………………………………………………………………………11 Strategic Management & Board…………………………………………………………………13 Corporate Governance……………………………………………………………………………15
Words: 19508 - Pages: 79
planning function of Tyco International influences every facet of the business from the environment to their employees. In addition to establishing long-and short-term goals management planning also involves the company’s legal issues, ethics, and corporate social responsibility. Several factors, internal and external also influence Tyco’s strategic, tactical, operational, and contingency planning. Function of Management Tycos' vision is to be their customers
Words: 947 - Pages: 4
“Being a good corporate citizen means treating all of a company’s stakeholders (and the natural environment) with dignity and respect, being aware of the company’s impacts on stakeholders; working collaboratively with them when appropriate to achieve mutually desired results”. 2.“the commitment of business to contribute to sustainable economic development, working with employees, their families, the local community and society at large to improve their quality of life”. “corporate citizenship is about
Words: 517 - Pages: 3
Management Corporate Governance www.iibmindia.in Chapter 1 Corporate Governance Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, crors, auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs
Words: 33828 - Pages: 136
