Business Ethics: Satyam Computer Services Ltd (Case Study)

Use the case study provided to write a summary of the Satyam Scandal using the following outline.

Executive summary

Introduction

Problem identification

Problem analysis

Poor auditing standards

Total trust of chairman by investors

Failure of traditional measures to curb financial fraud

Influential Chairman

Lack of business focus

Views on ethical behavior: cultural relativism and universalism

Satyam’s Chairman’s action to avoid fraud

Curbing white-collar crimes at Satyam