[SOLVED] Ethics Report

You will have to write an ethics report as part of the requirements for this class. The EthicsReport is an individual assignment on the HBR case, Governance Failure at Satyam. Eachstudent will need to purchase and download their own individual copy of the case directly fromthe Harvard Business School (HBS) case library. The purpose of the ethics report is to assessyour ability to apply strategic and ethical principles to specific situations. The report shouldsummarize your analyses and recommendations in no more than five pages. Students will alsobe expected to participate in an online debate of this case in a Webex Meeting BUSA 4980 • ETHICS REPORT • SUMMER 2020ASSIGNMENT – GOVERNANCE FAILUREAT SATYAM https://hbsp.harvard.edu/import/734840 Description: Satyam Computers, winner of the Golden Peacock Award for excellence incorporate governance, ironically became a noted failure in the history of governance in Indiawhen Ramalinga Raju, founder and chairman, admitted fraud in his resignation letter. Anunrelated acquisition by Satyam Corporation created discontent among shareholders and lead toa series of investigations. The investigations revealed a fraud of about INR 50 billion ($1.5billion). This led to resignations by several board members and the CEO. Ultimately, TechMahindra acquired the company. The entire episode became a mockery of corporate governancepractices, raising questions about the efficacy of well accepted norms.This case covers the events that led to the failure of Satyam’s governance practices. Theroles of various parties, such as the managers, board of directors, auditors and bankers, arediscussed in detail. The case draws attention to various corporate governance and ethical issues,providing an opportunity to discuss the measures that should be taken by regulators, auditors andother bodies to prevent such frauds.Assignment: Students must address the following questions in an essay:1.Discuss the circumstances under which Satyam’s fraud was exposed. What do youthink were the reasons for the fraud? How was the fraud able to occur?2.Critically evaluate the corporate governance mechanisms adopted by Satyam. Whatcharacteristics of the board of directors may prevent financial statement fraud? Whatlessons about the audit committee can be learned from this case? What other governancemechanisms should be adopted to ensure compliance?Directions: Students should address the questions above in a typed document (double spaced;12-point font; 5 pages maximum; essay format). Your responses should be uploaded to theAssignment folder on iCollege by 11:59 pm on Monday, July 27. Strong responses willreference the material covered in Chapter 10 of our textbook, as well as the additional readingssuggested on the following page. Students may also conduct their own research on existingliterature to formulate answers to the questions posed above.Guidelines: Please note the following:?All case reports are to be written (double spaced) using 12 point type with a serif font forthe body (Times New Roman) and sans serif font for headings (Calibri). The reportshould follow correct form, spelling, grammar, etc. The body of the paper should be no1 more than five pages including specific recommendations supported by your analyses.Number the pages.?The reportmay include an assortment of charts, tables, and exhibits in an appendix tosupport your analyses and recommendations. Do not add exhibits that are alreadyincluded in the case. Each exhibit must be referenced and discussed in the body of thepaper. The appendix does not count towards the main body limit of five pages.?Please reference all sources used in the main body of the report.?The main body of your report should contain sufficient detail to explain and support themajor issues identified in the case and the primary recommendations for solving theseproblems. Do not just rehash case facts. Present an insightful and unique analysis.?The reports will be judged according to standards of effective business communication.They should be clear and cogent. The criteria for grading case reports include:oUse of appropriate analytical techniques, sound logic, and well-supportedarguments in evaluating the organization’s present condition and future prospects.oEvidence of your ability to formulate realistic and workable recommendations foraction. Quality contributions will reference the material in Chapter 10 of yourtextbook, as well as the additional readings suggested below.oThoroughness — both (a) scope and coverage and (b) depth of analysis.oUse of a clear and effective writing style; i.e. strong communication skills.Suggested Readings and Material:?Bronner, R. (2003). “Pathologies of Decision-Making: Causes, Forms, and Handling,”Management International Review, 43, pp. 85-101.?Camillus, J.C. (2008). “Strategy as a Wicked Problem,” Harvard Business Review, May, pp. 98-106.?Certo, S.T., Connelly, B.L., and Tihanyi, L. (2008). “Managers and Their Not-So RationalDecisions,” Business Horizons, 51, pp. 113-119.?De La Rama, M. (2012). “Corporate Governance and Corruption: Ethical Dilemmas of AsianBusiness Groups,” Journal of Business Ethics, 109: 501-519.?Paine, Lynn, Rohit Deshpandé, Joshua D. Margolis, and Kim Eric Bettcher (2005). “Up to Code:Does Your Company’s Conduct Meet World-Class Standards?” Harvard Business Review,December, pp. 122-133.?Soltani, Bahram (2014). “The Anatomy of Corporate Fraud: A Comparative Analysis of HighProfile American and European Corporate Scandals,” Journal of Business Ethics, 120: 251-274.?Shi, W., Connelly, B.L., and Hoskisson, R.E. (2016). “External corporate governance andfinancial fraud: Cognitive evaluation theory insights on agency theory prescriptions.” StrategicManagement Journal, 38(6): 1268-1286.These materials may be sourced at the GSU library and online through PAWS. Students are also freeto conduct their own search for relevant readings that may address the questions pos

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