Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3760
Title: Satyam Computer Services Limited: Analysis of the Financials
Authors: Ghosh, Arpita
Keywords: Financial Statement Analysis
Quality Of Earnings
Ratios
Red Flags
Valuation.
Issue Date: 2017
Publisher: Indian Institute of Management Calcutta Case Research Center
Abstract: The case presents dilemma of an investor in buying the shares of Satyam, the fourth largest Indian IT company, during a time when the company had to shelve its proposal of acquiring two non-core, related party businesses, in the face of severe investor activism. On one hand the company had earned numerous laurels for Best Earnings Release, Financial Disclosures, Corporate Governance, and Corporate Social Responsibility; and was reflecting strong financial growth over the years. On the other hand, it was also in the limelight of controversies, lawsuits and bans. There were questions raised about the valuations used for the proposed acquisitions. Four of the directors had resigned from its Board after the deal was called off. The top executives were selling off its stock. The founder and chairman of the company was a person with political influence and passion for charity. Mr. Parekh, an investor must decide whether the fundamentals of the company were strong enough to justify his investment in the company.
Description: Data Source :- Secondary research.
Setting :- Financial statement analysis to help an investor.
Case Reference No. :- IIMC-CRC-2016-01
Case Length :- 25 pages + teaching note.
URI: https://www.iimcal.ac.in/case-studies-lists#accordion-3
https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3760
Appears in Collections:2016-17

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.