NEED AND ROLE OF SECURITIES AND EXCHANGE BOARD OF INDIA

  We all had been listening and reading about the various investment options in a race to get some good return on our investments. Having a large audience out there investing into various financial tools and various companies offering various investment options had you ever thought who keeps an eye on all this transactions. There must be some official body. How things go on so smoothly? Who is the real care taker behind?

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SATYAM SCAM: THE INDIAN ENRON

With an increasing rate of corporate accounting frauds these days, and the names such as Enron, Worldcom and Satyam at the top the corporate ethics and governance is really a matter of concern. The increasing rate of financial frauds demands for a more strong and effective system which can put forward more stiff penalties, exemplary punishment and an effective enforcement of the laws with a good spirit. These cases bring out the importance and need for corporate ethics and governance at a wider level.

Looking ahead to one of the top corporate accounting frauds we will be talking about the Satyam Scandal also knows as “INDIA’S ENRON”.

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