Case Study Strategic Management.

MANDATORY CASE: Governance Failure at Satyam Ajai Gaur, Nisha Kohli Pub Date: Apr 29, 2011 Product #: W11095-PDF-ENG Academic Price: $4.95 Course pack link: https://hbsp.harvard.edu/import/1196500

1] Clearly identify the use of AI-based tools in your work, e.g., Grammarly, Gemini, etc. IMPORTANT- KEEP YOUR ORIGINAL COPY BEFORE SUBMITTING IT FOR ‘AI GUIDANCE’… YOU MAY BE REQUIRED TO PRODUCE IT TO DEMONSTRATE YOUR

ORIGINAL WORK. There is a big difference between ‘Generated’ vs. ‘Rephrased’. You need to be able to document your application. 2] BE CAREFUL NOT TO UNINTENTIONALLY SHARE COPYRIGHTED MATERIALS,

ORIGINAL WORK, OR PERSONAL INFORMATION. THIS MEANS- DO NOT COPY THE SATYAM CASE ITSELF INTO CHATGPT or ANY OTHER AI-BASED TOOL. THIS WOULD ENTAIL A COPYRIGHT VIOLATION, WHICH WOULD RESULT IN A NOTICE OF ACADEMIC DISHONESTY.

 NO CHATGPT CRITIQUE

 NO CASE GRADE

 CASE FORMAT: MUST BE OUTLINE

 PLEASE DO NOT USE DIRECT QUOTES ANYWHERE IN YOUR CASE WRITE-UP

THIS MEANS EVERYTHING PLEASE- NO PARAGRAPHS IF NOT IN OUTLINE FORMAT …THEN PLEASE DO NOT TURN IT IN SINGLE-SPACING WITHIN SECTIONS, DOUBLE-SPACING BETWEEN SECTIONS

IF INCOMPLETE… NO GRADE… PLEASE DO NOT EVEN TURN IT IN YOUR CASE ANALYSIS MUST BE ORIGINAL WORK. BE VERY CAREFUL TO REFERENCE ANYTHING THAT IS NOT YOUR WORK.

FAILURE TO ADHERE TO THIS CODE OF CONDUCT WILL RESULT IN A GRADE OF ZERO. THIS IS AN OBJECTIVE REPORT, AS SUCH WRITTEN FROM THE THIRD PERSON PERSPECTIVE. PLEASE MINIMIZE THE “I’s” IN YOUR CASE ANALYSIS, WITH THE EXCEPTION OF QUESTION NUMBER VII.

 ZERO GRADE if SIMILARITY INDEX IS GREATER THAN 30%

 For the MANDATORY CASE, please use the following headings, where each sub-question is a heading.

Please FULLY answer all eight questions.

REFERENCE…REFERENCE…REFERENCE…REFERENCE

I. CASE SYNOPSIS- Case Summary [This should be a synopsis of the main points so that the reader may fully understand the pertinent case facts- please include ALL of the major points, so this section should be longer than you might originally think]

A. History of Satyam a. XXXXXXXXXXXXXXXXXXXXXXX REFERENCE

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B. Governance at Satyam a. XXXXXXXXXXXXXXXXXXXXXXX REFERENCE b. YYYYYYYYYYYYYYYYYYYYYYY REFERENCE

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f. ZZZZZZZZZZZZZZZZZZZZZZZZ REFERENCE i. AAAAAAAAAAAAAAAAAAAA REFERENCE

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C. Financial Health

a. XXXXXXXXXXXXXXXXXXXXXXX REFERENCE

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f. ZZZZZZZZZZZZZZZZZZZZZZZZ REFERENCE i. AAAAAAAAAAAAAAAAAAAA REFERENCE ii. BBBBBBBBBBBBBBBBBBBBB REFERENCE iii. CCCCCCCCCCCCCCCCCCCCC REFERENCE

D. The Unfolding of the Crisis REFERENCE (Same format as above) E. Investigations REFERENCE (Same format as above) F. The Aftermath of the Crisis REFERENCE (Same format as above)

II. ● What were the circumstances under which Satyam’s fraud was exposed? REFERENCE ● What do you think were the reasons for the fraud? REFERENCE ● Could this fraud have been prevented? REFERENCE ● Evaluate the statements made by the chairman in his resignation. REFERENCE

III. There are three internal and three external governance mechanisms. In this question, please address the three Internal Governance Mechanisms and the

Market for Corporate Control, as discussed in our text. Critically evaluate these corporate governance mechanisms adopted by Satyam. DEFINE and FULLY discuss: REFERENCE

A. DEFINE- The [4] corporate governance mechanisms [FROM OUR TEXT].

B. RELATE TO SATYAM- Discuss the application of each mechanism as it is manifested at Satyam. C. ADEQUACY- Were the corporate governance mechanisms at Satyam ADEQUATE? Why or why not? Specifically discuss EACH governance

mechanism in detail, addressing the ADEQUACY of each relative to Satyam.

SUB-HEADINGS HELP ORGANIZE YOUR PAPER FOR QUESTION III:

FORMAT OPTION #1 FOR QUESTION III

A. Corporate Governance Mechanisms- Definitions REFERENCE a. Ownership Concentration b. Board of Directors c. Executive Compensation

d. Market for Corporate Control B. Corporate Governance Mechanisms- Applied to Satyam REFERENCE

a. Ownership Concentration b. Board of Directors c. Executive Compensation d. Market for Corporate Control

C. Corporate Governance Mechanisms- Adequacy Discussion REFERENCE

a. Ownership Concentration- Adequate- Yes/No/Why b. Board of Directors- Adequate- Yes/No/Why

c. Executive Compensation- Adequate- Yes/No/Why d. Market for Corporate Control- Adequate- Yes/No/Why

____________________OR____________________________ FORMAT OPTION #2 FOR QUESTION III

A. Ownership Concentration REFERENCE a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

B. Board of Directors REFERENCE

a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

C. Executive Compensation REFERENCE a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

D. Market for Corporate Control REFERENCE

a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

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IV. There are three external governance mechanisms. The Market for Corporate Control is discussed in Question III. In this Question IV, please address the two powerful stakeholder groups—Regulators and Creditors, also considered governance mechanisms, which are forces outside the firm that have a strong

influence on top-level management decisions and actions. Discuss Regulators and Creditors as they relate to Satyam. Use the same format as for Question III:

FORMAT OPTION #1 FOR QUESTION IV

A. Corporate Governance Mechanisms- Definitions REFERENCE

a. Regulators b. Creditors

B. Corporate Governance Mechanisms- Applied to Satyam REFERENCE a. Regulators b. Creditors

C. Corporate Governance Mechanisms- Adequacy Discussion REFERENCE

a. Regulators- Adequate- Yes/No/Why b. Creditors- Adequate- Yes/No/Why

____________________OR____________________________ FORMAT OPTION #2 FOR QUESTION IV

A. Regulators REFERENCE a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

B. Creditors REFERENCE

a. Definition b. Applied to Satyam c. Adequacy Discussion- Adequate- Yes/No/Why

V. ● Examine the role of internal controls in the prevention of fraud. REFERENCE ● What characteristics of the board of directors play a role in preventing financial statement fraud? REFERENCE ● Assess the responsibility of audit committees as well as internal auditors in relation to the Satyam scandal. REFERENCE

● Do you think making regulatory changes would help in preventing such fraud? REFERENCE

VI. LEGAL and ETHICAL IMPLICATIONS- Develop two persuasive arguments regarding the legal and ethical implications for this case (at least one legal and at least one ethical, with support for each).

Please use separate subheadings and clearly designate which are the legal vs. ethical issues, as well as your arguments and supporting evidence for each. ● LEGAL IMPLICATIONS

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● ETHICAL IMPLICATIONS

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VII. CRITICAL THINKING QUESTION- Craft a meaningful/critical thinking question for this case and provide what you consider to be an EXCELLENT answer. This means at least ONE PAGE including relevant terminology.

VIII. EPILOGUE: UPDATE the case from the time that the case ended. Please include:

■ STRATEGIC MILESTONES (separate heading/ list several) MUST HAVE SEVERAL CURRENT, OUTSIDE REFERENCES HERE

• 2012

• 2013

• 2014

• 2015

• 2016

• 2017

• 2018

• 2019

• 2020

• 2021

• 2022

• 2023

• 2024

■ FINANCIAL MILESTONES- i.e., performance measures (separate heading/ list several)

MUST HAVE SEVERAL CURRENT, OUTSIDE REFERENCES HERE

• 2012

• 2013

• 2014

• 2015

• 2016

• 2017

• 2018

• 2019

• 2020

• 2021

• 2022

• 2023

• 2024

■ What are the LESSONS LEARNED (THAT YOU LEARNED) from this case?

UPDATE THE CASE MEANS UPDATE THE CASE TO THE PRESENT! MUST HAVE SEVERAL CURRENT, OUTSIDE REFERENCES HERE… OTHERWISE YOU ARE NOT DOING THIS CORRECTLY. CURRENT MEANS CURRENT…. 2024, 2023, 2022….

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REFERENCE EVERYTHING THAT DOES NOT COME FROM YOUR MIND!!!

IMPORTANT- PROPER ATTRIBUTION- Please cite your sources BOTH in the body of the case as well as in the Reference/Works

Cited section at the end of your case.

 HOW TO CITE A SOURCE GSU LIBRARY:

http://research.library.gsu.edu/citationstyles Also, PURDUE has an excellent site: https://owl.english.purdue.edu/owl/resource/560/01/

 NOTE: NA’s are NOT an acceptable response. Please answer ALL sections and all

sub-sections of the case analysis handout. Most, but not all of the requisite information is contained within the case included in our text. However, you will need to use other sources to supplement the case as it is written in the text, i.e. the library, the Internet, and your mind.

Work by yourself- ABSOLUTELY NO COLLABORATION- Present your case to the class

when we cover Chapter 10. Please load your case analysis onto iCollege (Satyam folder) before class time on the due date. This date is identified in the Course Schedule. You must attend class on the due date in order to turn your case in.

The Mandatory Case is: GOVERNANCE FAILURE AT SATYAM.

■ ZERO GRADE if INCOMPLETE (ANY QUESTION IS NOT FULLY ANSWERED) ■ ZERO GRADE if NO CHATGPT CRITIQUE

■ ZERO GRADE if SIMILARITY INDEX IS GREATER THAN 30% ■ ZERO GRADE if LATE (SUBMITTED AFTER CLASS HAS STARTED ON THE DUE DATE) ■ ZERO GRADE if IMPROPER or INCOMPLETE ATTRIBUTION (REFERENCING) (Also Notice of Academic Dishonesty) ■ MUST ATTEND CLASS (AND BE EARLY OR ON TIME- NOT LATE) TO EARN A GRADE

■ NO PARTIAL CREDIT GIVEN FOR ANY OF THE ABOVE

PLEASE GET STARTED RIGHT AWAY!!! LET ME KNOW HOW I CAN HELP!!!

HOPE THAT YOU ENJOY!!!

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