Prabandhan: Indian Journal of Management
By: Associated Management Consultants (P) Ltd.Single Issue
Single Issue
- PIJM-May-June09-Article2-Lessons In Corporate Governance From the Satyam Saga
- Price : 80.00
- Published on May 2, 2009
- Associated Management Consultants (P) Ltd.
- Issues 273
- Language - English
- Published daily
About this issue
Post the Satyam saga, Corporate Governance is becoming an oft-repeated word. Satyam has been just about a year back, awarded the “Golden Peacock†for global excellence in corporate governance. Yet it collapsed within a year. This paper, after delving into the definition of corporate governance details out why did this happen. Large scale manipulation of figures, an highly “promoterized†board and hand-in-gloves auditors are some of the reasons for this sudden downfall. The three pillars-the investors, the regulators and the companies themselves need to inoculate themselves with these learnings towards a better tomorrow.
About Prabandhan: Indian Journal of Management
Prabandhan: Indian Journal of Management, is a monthly journal that publishes papers on diverse areas of management such as International Business, Health Care Administration, Human Resource Management (HRM), Non-Profit Organizations, Operations Research/Statistics, etc.