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« ETHICAL » RATING OF MAHINDRA SATYAM
, group
and subsidiaries
[click on the rating for the method or on the number for the data] |
|
Fraud 2
Sales 2 Bn $.€ /year
|
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| shareholder | country | % | source |
|
year | business source |
| 2007 | Satyam is India's fourth-largest software services provider. | Bloomberg |
|
| country | address & contact : production type incentive source |
 China | Canton : L'Expansion |
| China | Dalian : Services informatiques L'Expansion |
| China | Pekin : Services informatiques L'Expansion |
| China | Shanghai : Services informatiques L'Expansion |
|
| year name | photo position; compensation source |
|
| year | employees <> | social impact : country source |
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| year | employees <> | social impact : country source |
|
| year | financial misdemeanor | sales | income | | | source |
| 2008 |
The World Bank deems the Satyam executive compensations as "indecent" and rejects the company from any contract during 8 years. |
| | | | | | Les Echos |
| 2008 |
Ramalinga Raju, the president-founder, resigned after having acknowledged a 1 billion dollar accounting fraud. Satyam falsified its accounts during several years and inflated its benefit by more than 10. The Indian financial regulation organization describes the fraud as a “event an alarming magnitude”. |
| | | | | | Les Echos |
| 2007 |
| 2 | 0.4 | | | billion US$ | Company |
|
| year | financial misdemeanor | sales | income | assets | buyback | source |
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