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Case study- Corporate Governance Failure at Satyam Computer Services
Finance & Accounting
Pages 9 (2259 words)
Case study- Corporate Governance Failure at Satyam Computer Services Table of Contents 1. Ethics & Fraud 3 1.0 Ethical Values & its Effectiveness 3 1.1 Satyam Case Scandal & its Ethical Implications 4 1.2 Code of Ethics of the Australian Accounting Profession 5 2 Earnings Management 6 2.0 Earning Management: Generic Definition & Meaning 6 Earning Management: Fraudulent, Real & Accrual Accounting 6 Earning Management at Satyam Corporation Ltd 7 3 Corporate Governance 8 3.0 Corporate Governance Mechanism 8 3.1 Corporate Governance Mechanism as Remedial Measures in Satyam Corporation Ltd 8 3.2 Corporate Governance Mechanism with Reference to OECD Principles 10 Reference List 11 1.
Ethics can be termed as a moral principles or set of standard followed by an individual. Business ethics can be termed as a set of moral values and principles that help the business managers to arrive at unified conclusion. The impact of business ethics on managerial decision making is huge and has the potentiality of changing the course of managerial decision making. It is observed that the influence of legal laws on the managerial decision making is huge and can have considerable amount of influence on the personal lives of individual as well (George, 2011). Since, business activity is also regarded as a human activity, the evaluation of business ethics would be done in a similar fashion. Apart from the importance of the business ethics, various facets of ethics and its application in the Satyam scandal would be covered. ...
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