Business Ethics Governance and Risk - Assignment Sept 2016 TSoddlVb3H
Business Ethics Governance and Risk - Assignment Sept 2016 TSoddlVb3H
Business Ethics Governance and Risk - Assignment Sept 2016 TSoddlVb3H
Instructions:
All answers to be explained in not more than 1000 words for question 1 and 2 and for question
3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far
as possible.
All answers to be written individually. Discussion and group work is not advisable.
Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
(10 Marks)
2. Satyam fraud is unfolding and so are the inherent weaknesses of Corporate Governance
in India. Ramalinga Raju , once a poster boy of Indias growing software sector who
could find a seat beside Bill Clinton on the dais, has become a villain in the corporate
world for valid reason. The company is listed in BSE, NSE and NYSE. On BSE , the
Satyams stock crashed down by 70 percent to Rs 52 from a high of Rs 188.70.It had a
client list that boasted of fortune 500 companies. His emotionally charged four and half
page letter of startling revelations shook the entire corporate world when he admitted of
cooking the account and inflating the figure by Rs 5,040 crore. He committed this fraud
and tried to hush up it by an abortive bid to purchase Maytas infra, a company created
a. How did the teachings of the Bhagavad Gita contribute to the success of Reliance in the
era of Dhirubhai Ambani?
(5 Marks)
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(5 Marks)