Topic: Corporate Governance
Lax Indian rules still problem after Satyam fraud
AP News
Report finds controlling shareholders in India have too much power, situation ripe for abuseOne year after the founder of Satyam Computer Services confessed to the largest fraud in Indian corporate history, many say that what really sets R. Ramalinga Raju apart is not his malfeasance, but the fact he got ...
Director's Cut: Best-paid U.S. corporate boards
Reuters US Online Report Business News
NEW YORK (Reuters) - Four times last year, Nabors Industries' <NBR.N> corporate board descended on the luxurious Fairmont Hamilton Princess Hotel in Bermuda for three days of round-the-clock meetings. Nabors, a global oil and drilling company, paid its six non-executive directors well for their trouble. They received an ...
Bottled Water
AP News
India fraud office to prosecute Satyam founder
AFP South Asian Edition
India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday. Satyam's founder B. Ramalinga Raju stunned India's financial world in January when he declared he had ...
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