26.12. Case Studies

Try these first

1. 1.

   What did Satyam Computer Services do that led to its scandal?

   Hint

   Think about the actions that express dishonesty in financial statements.

2. 2.

   Why is transparency important in corporate governance?

   Hint

   Consider the impact of openness on relationships.

3. 3.

   What was the main issue in the Satyam Scandal?

   • Inflated profits
   • Zero transparency
   • Innovative management

   Hint

   Consider what actions lead to trust issues in finance.

4. 4.

   Did Infosys maintain an independent board structure?

   • True
   • False

   Hint

   Think about what structures facilitate ethical decision-making.

5. 5.

   Evaluate the potential long-term impacts on a company like Satyam if it had implemented better corporate governance measures beforehand.

   Hint

   Consider how reputational damage affects future operations.

6. 6.

   Design a corporate governance framework for a tech firm analogous to Infosys that addresses both ethical practices and operational transparency.

   Hint

   Think of the elements that contribute to sustained trust and ethical behavior.