'companies That Follow Ethical Governance, By Their Very Fabric, Keep Control; Legal Policing Won't Help Others'

摘要

Satyam has opened up a Pandora's box that has among its contents various laws, law enforcement issues, ie, the letter of law on one side and corporate ethics and spirit of law on the other. In the backdrop of the recent scam and debate over corporate governance, Vivek Sadhale, head, legal, Persistent Systems and a veteran in corporate legal matters, talks to CyberMedia about various legal dimensions like independent director liability, audit committee accountability, regulations like SOX, role of auditors and analysts, etc. Excerpts.