Governance Failure at Satyam Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

The solution involves the acquisition of Satyam corporation created discontent shareholders and lead to a number of investigations. Studies have shown fraud around INR 50 billion. This led to the resignation of several members of the board and CEO. The whole episode was a travesty of corporate governance practices, raising questions about the effectiveness and the accepted norms of governance.

This case covers the events that led to the failure of Satyam in detail. Role, not only the promoter, but also other stakeholders, such as managers, board of directors, auditors and bankers, which were discussed in detail. The case draws attention to the various corporate governance and ethical issues, and provides an opportunity to discuss the measures to be taken by regulators, auditors, and other bodies to prevent such fraud.

This case can be used in undergraduate, MBA and executive development programs are the following questions: 1) Ethics and Corporate Governance: This case can be used to discuss the effectiveness of existing corporate governance rules and how they can be more effective . 2) Organizational culture and values: corporate governance mechanisms, such as the ownership structure, the board and stakeholder influence define organizational culture and values. Small firms inherit corporate values of its founders. In large companies, managers and board members play a key role in the formation of corporate values. This case can be used to discuss the factors that influence the development of corporate values. "Hide
by Ajay Gaur, Nisha Kohli Source: Richard Ivey School of Business Foundation 14 pages. Publication date: April 29, 2011. Prod. #: W11095-PDF-ENG