Corporate governance scandal at Satyam Computer Services Ltd. Issue 1 (1st May 2014)

• Record Type: Journal Article
• Authors: Vishwanath, S.R.; Narapareddy, Vijaya L.
• Is Part Of: Case journal. Volume 10:Issue 1(2014)
• Page Start: 68
• Page End: 81
• Publication Date: 2014-05-01
• Subjects: Corporate governance -- Demergers -- Valuation; Business -- Case studies -- Periodicals; Business -- Case studies -- Periodicals; Management -- Case studies -- Periodicals; Management -- Case studies -- Periodicals; Management -- Study and teaching -- Periodicals; Business; Management; Management -- Study and teaching; Case studies; 658.00722
• DOI: 10.1108/TCJ-01-2014-0005
• Languages: English
• ISSNs: 1544-9106

Abstract

Case description: The case highlights a $1.4 billion fraud committed by the founder of a NYSE listed, Information Technology Services firm in India. In response to the crisis, the Indian government appointed an interim board to find a strategic investor in the company. The case traces the events leading to the fall of the company. Students are asked to analyze the governance and intermediation failures, assess the financial position of the company and to estimate the intrinsic value of the company from an acquirer's perspective.