Satyam failure and changes in Indian audit committees

Authors

R Narayanaswamy
K Raghunandan
Dasaratha V Rama

Document Type

Working Paper

Abstract

Audit committees have received considerable attention globally in recent years. We examine the effects of the Satyam failure on changes in the composition and functioning of Indian audit committees. A corporate collapse that shook India's markets and regulators, and widely noted of as "India's Enron", should have led to major improvements in the functioning of audit committees of Indian companies. Our empirical results show that the Satyam failure had a limited effect on Indian audit committees.

Publication Date

1-4-2014

Publisher

Indian Institute of Management Bangalore

Pagination

20p.

Recommended Citation

Narayanaswamy, R; Raghunandan, K; and Rama, Dasaratha V, "Satyam failure and changes in Indian audit committees" (2014). Working Papers. 450.
https://research.iimb.ac.in/work_papers/450

Relation

IIMB Working Paper-471