Corporate governance scandal at Satyam Computer Services Ltd

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.

Citation

Vishwanath, S.R. and Narapareddy, V.L. (2014), "Corporate governance scandal at Satyam Computer Services Ltd", , Vol. 10 No. 1, pp. 68-81. https://doi.org/10.1108/TCJ-01-2014-0005