Tuesday, December 21, 2010

Good governance creates value | mydigitalfc.com

Good governance creates value | mydigitalfc.com: "It was two years ago, on a cold winter morning that India woke up to one of the most shocking revelations; in an open letter, the promoter of Satyam seemed to have confessed to one of corporate In­dia’s largest fraud. Two years later, investigations still continue but there seems to be no result and the saga continues. Satyam almost heralded the beginning of the scam saga of India as the past two years seem overcast with corruption and scandals of all kinds. All this has left us questioning the credibility of every single institution of India, including corporate India, the media and judiciary. Where this recent investigation will end is anybody’s guess. What is it that makes India so prone to corruption? There is no deterrent to corruption in India. The corrupt simply get away too easily."

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