As a film fan I am wary of judging a film by the number of Oscars that it scoops (or not). My scepticism has been confirmed today when I learned that the scandal hit Indian out-sourcing giant Sayam won a Golden Peacock award from the World Council on Corporate Governance.
I think this may devalue Golden Peacocks – not that they had a very high profile before. It’s not the first embarrassed accolade – Enron scooped a prize and praise for its risk management.
Monday, March 09, 2009
Not all that glitters is a Golden Peacock: Satyam’s prize for corporate governance
Labels:
fraud,
governance,
risk management
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