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This paper examines the largest corporate fraud in India at Satyam Computer Services Ltd. This fiasco occurred in January 2009 when Mr. Ramalinga Raju, the Chairman, confessed to an extensive accounting fraud that was ongoing for at least seven years. Since then, a large number of articles have...
Persistent link: https://www.econbiz.de/10010669137
Even though there are many measures to put corporate governance (CG) in place and practise, an important tool essential for the success is the efficacy and effective functioning of an audit committee (AC). Nowadays, an AC is being looked upon as a distinct culture for CG and has received...
Persistent link: https://www.econbiz.de/10010669573
Now-a-days, an AC is being looked upon as a distinct culture for CG and has received a wide-publicity across the globe. Government authorities, regulators and international bodies all have indicated that they view an AC as a potentially powerful tool that can enhance the reliability and...
Persistent link: https://www.econbiz.de/10010706280
-economic diversity, gender and science education. In the Indian context attempts were made to understand existing educational policies …This paper presents the findings of a study concerning educational policies related to science education and diversity … ignore the issue of diversity, two manifestations are possible: diversity poses challenges to curricular and classroom …
Persistent link: https://www.econbiz.de/10010945384
access go beyond minority to diversity. Affirmative action, too, has become race-exclusive and gender-neutral. The following …
Persistent link: https://www.econbiz.de/10010538055
performance. On the one hand, concentration of ownership that, in turn, concentrates management control in the hands of a strategic investor, eliminates agency problems associated with dispersed ownership. On the other hand, it may lead to entrenchment of upper management which may be...
Persistent link: https://www.econbiz.de/10009477189
We examine the prevalence and performance impact of controlling shareholders and study corporate board structures and ownership structures in 1796 Indian firms. Families (founders) are present on the boards in 63.2 (65.5) percent of the sample firms. On average, founders own over 50% of...
Persistent link: https://www.econbiz.de/10010906828
Purpose – Using data on Indian listed companies for 2005, the purpose of this paper is to examine how firm ownership relates to auditor choice. More specifically, the author tests several hypotheses about the links between firm ownership, auditor relationships and earnings management....
Persistent link: https://www.econbiz.de/10009320916
In view of CG compliance requirements and reporting standards, as envisaged by the recent provisions of the SEBI's 'Clause 49' of the Listing Agreement, this case study analyses the CG reporting practices of RIL in India. We have primarily used secondary sources of information, both from the...
Persistent link: https://www.econbiz.de/10009353064
This article reviews the regulations and governance reforms carried out in India with respect to auditor and audit committee independence. In doing so it critically compares them with the regulations existing in the US. This is followed by a discussion of the existing research on the...
Persistent link: https://www.econbiz.de/10009365060