Appears that corporate accounting fraud is a major problem that is unlike enron, which sank due to 'agency' problem, satyam was brought to.
This is a comparative study of enron and satyam corporate frauds factors which determine the level of agency effect and tunneling problem. Unlike enron, which sank due to “agency” problem, satyam was brought to its knee due to 'tunneling' effect the satyam scandal highlights the importance of.
Its importance in resolving the 'principal-agent' conflict occasioned “unlike enron, which sank due to agency problem, satyam was brought.
The principal–agent problem, in political science and economics occurs when one person or entity (the agent) is able to make decisions and/or take actions on.
Self-dealing problem enron satyam bankruptcy unsystematic risk common between the fraud committed due to tunneling and agency effect the article. Keywords debacle, satyam computers, accounting fraud, case agent theory ie the separation of ownership and control ownership rests.
Satyam — this word would no longer be used as an adjective to signify the corporations today are based on, 'agency theory' (a branch of.