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Corporate governance in amazon and satayam computers
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- 7. DIRECTORS Jeffrey P. Bezos President,CEO and Chairman of the Board
- 8. DIRECTORS Jeffrey P. Bezos President,CEO and Chairman of the Board Brian T. Olsavsky Senior Vice President and Chief Financial Officer Jeffrey M. Blackburn Senior Vice President, Business Development
- 9. DIRECTORS Jeffrey P. Bezos President,CEO and Chairman of the Board Brian T. Olsavsky Senior Vice President and Chief Financial Officer Jeffrey M. Blackbur Senior Vice President, Business Development Jeffrey A. Wilke CEO Worldwide Consumer Andrew R. Jassy Chief Executive Officer, Amazon Web Services
- 10. DIRECTORS Jeffrey P. Bezos President,CEO and Chairman of the Board Brian T. Olsavsky Senior Vice President and Chief Financial Officer Jeffrey M. Blackbur Senior Vice President, Business Development Jeffrey A. Wilke CEO Worldwide Consumer Andrew R. Jassy Chief Executive Officer, Amazon Web Service Shelley L. Reynolds Vice President, Worldwide Controller David A. Zapolsky Senior Vice President, General Counsel and Secretary
- 11. DIRECTORS Jeffrey P. Bezos President,CEO and Chairman of the Board Brian T. Olsavsky Senior Vice President and Chief Financial Officer Jeffrey M. Blackburn Senior Vice President, Business Development Jeffrey A. Wilke CEO Worldwide Consumer Andrew R. Jassy Chief Executive Officer, Amazon Web Services Shelley L. Reynolds Vice President, Worldwide Controller David A. Senior Vice President, General Counsel and
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- 15. CO C Compliance with Laws,Rules and Regulations
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- 21. CO C Bribery; Payments to GovernmentPersonnel
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- 24. CO C 9. Questions; ReportingViolations 1. Compliance with Laws, Rules and Regulations 2. Conflict Of Interest 3. Insider Trading Policy 4. Discrimination and Harassment 5. Health and Safety 6. Price Fixing 7. Bribery; Payments to Government Personnel 8. Recordkeeping, Reporting, and Financial Integrity
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- 27. 1. Unreasonably high standardsand expectations.
- 28. 2. Breeding unhealthy competitionamong co- workers. 1. Unreasonably high standards and expectations.
- 29. 3. Insensitive management. 1.Unreasonably high standards and expectations.1. Unreasonably high standards and expectations. 2. Breeding unhealthy competition among co-workers.
- 30. 4. Lack ofbenefits. 1. Unreasonably high standards and expectations.1. Unreasonably high standards and expectations. 2. Breeding unhealthy competition among co-workers. 3. Insensitive management.
- 31. 5. Disregarding employees' needfor work-life balance. 1. Unreasonably high standards and expectations.1. Unreasonably high standards and expectations. 2. Breeding unhealthy competition among co-workers. 3. Insensitive management. 4. Lack of benefits.
- 32. 6. Lack ofpraise. 1. Unreasonably high standards and expectations.1. Unreasonably high standards and expectations. 2. Breeding unhealthy competition among co-workers. 3. Insensitive management. 4. Lack of benefits. 5. Disregarding employees' need for work-life balance.
- 33. 1. Unreasonably highstandards and expectations. 2. Breeding unhealthy competition among co-workers. 3. Insensitive management. 4. Lack of benefits. 5. Disregarding employees' need for work-life balance. 6. Lack of praise.
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- 35. HYDERABAD JUNE 24, 1987 BYRRAJURAMALINGA RAJU Computer Consultancy Limited
- 36. HYDERABAD JUNE 24, 1987 BYRRAJURAMALINGA RAJU
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- 65. Failure of CorporateGovernance in case Satyam Computers Services Ltd.: a)Failure of the role of Audit Committee. b) Failure of the role of CEO/CFO. c) Failure of role of SEBI 1. Failure of Corporate Governance in Satyam Computers Services Ltd. http://www.srjis.com/pages/pdfFiles/147367354829.%20ARPIT%20KHURANA.pdf
- 66. https://blog.v-comply.com/top-ten-ways-improve-corporate-governance-company/ Ensure Timely Information PrioritizeRisk Management Evaluate Board Performance The CEO is the responsibility of the Board Monitor and review performance of the company
Editor's Notes
- #8 Jeff Bezos founded Amazon.com in 1994. Amazon’s mission is to be Earth's most customer-centric company. Amazon offers low prices and fast delivery on millions of items, provides thousands of movies and TV shows through Prime Video, designs and builds the bestselling Kindle, Fire and Echo devices and Alexa voice recognition service, and empowers companies and governments in over 190 countries around the world with the leading cloud computing infrastructure through Amazon Web Services. Bezos is also the founder of aerospace company Blue Origin, which is working to lower the cost and increase the safety of spaceflight, and he is owner of the Washington Post. In 2018, he founded the Bezos Day One Fund, which focuses on funding non-profits that help homeless families, and on creating a network of tier-one preschools in low-income communities. Bezos graduated summa cum laude, Phi Beta Kappa in electrical engineering and computer science from Princeton University in 1986, and was named TIME Magazine’s Person of the Year in 1999.
- #9 Mr. Olsavsky joined Amazon.com in April 2002. As CFO of Amazon.com, he oversees the company's overall financial activities, including controllership, tax, treasury, analysis, investor relations, internal audit and financial operations. Prior to becoming Senior Vice President and CFO in June 2015, he served as Vice President, Finance and CFO for the Global Consumer Business. In his role as Vice President, Finance and CFO for the Global Consumer Business, Mr. Olsavsky had oversight and responsibility for the finance team supporting Amazon.com websites, merchant services, and fulfillment operations and subsidiaries. From 2007 to 2010, Mr. Olsavsky was Vice President, Finance for Amazon's North America retail business unit and acquisitions, and from 2002 to 2007 Mr. Olsavsky led the finance departments for Amazon's Worldwide Operations organization. Prior to joining Amazon.com, Mr. Olsavsky spent seven years at Fisher Scientific, where he held a variety of financial and business management roles, and a total of eight years at BF Goodrich and Union Carbide, where he held a variety of financial and operational roles. Mr. Olsavsky received a BS in Mechanical Engineering from Penn State and an MBA in Finance from Carnegie Mellon University.
- #10 Jeff Wilke has served as CEO Worldwide Consumer since April 2016. From February 2012 to April 2016, Jeff served as Senior Vice President, Consumer Business, from January 2007 until February 2012, he served as Senior Vice President, North American Retail, and from January 2002 until December 2006, he was Senior Vice President, Worldwide Operations. Jeff joined Amazon.com as Vice President and General Manager, Operations in September 1999. He left AlliedSignal (now Honeywell) where he was Vice-President and General Manager, Pharmaceutical Fine Chemicals. Jeff spent the preceding six years in a variety of operations and general management assignments in the chemical, polymer, and electronics industries. Jeff did his graduate work (MBA and MS in Chemical Engineering) at MIT's Leaders for Global Operations (formerly Leaders for Manufacturing) program where he focused on Total Quality and Process Improvement techniques. He began his working career writing software and leading software development at Andersen Consulting (now Accenture). Jeff also holds a BSE degree in Chemical Engineering, Summa Cum Laude, from Princeton University.
- #11 Shelley Reynolds joined Amazon in February 2006 as Vice President of Finance and Controller. In April 2007, she was promoted to Vice President, Worldwide Controller and Principle Accounting Officer. In her role, she oversees Amazon’s accounting function, leading the team that touches every geography in which the company operates. Prior to joining Amazon, Ms. Reynolds spent 19 years at Deloitte & Touche LLP, serving as partner from 1998 to 2006. At Deloitte, Ms. Reynolds specialized in matters related to mergers & acquisitions and the Securities and Exchange Commission, serving multiple publicly traded multi-national corporations from a broad range of industries. Ms. Reynolds received her undergraduate degree from the University of Washington Foster School of Business, where she currently serves on the advisory board.
- #16 Employees must follow applicable laws, rules and regulations at all times. Employees with questions about the applicability or interpretation of any law, rule or regulation, should contact the Legal Department.
- #17 Employees must follow applicable laws, rules and regulations at all times. Employees with questions about the applicability or interpretation of any law, rule or regulation, should contact the Legal Department.
- #18 Federal and state laws prohibit trading in securities by persons who have material information that is not generally known or available to the public. Employees of the Company may not a) trade in stock or other securities while in possession of material nonpublic information or b) pass on material nonpublic information to others without express authorization by the Company or recommend to others that they trade in stock or other securities based on material nonpublic information. The Company has adopted guidelines designed to implement this policy. All employees are expected to review and follow the Amazon.com Insider Trading Guidelines. Certain employees must comply with trading windows and/or preclearance requirements when they trade Amazon.com securities.
- #19 Amazon.com provides equal opportunity in all aspects of employment and will not tolerate any illegal discrimination or harassment of any kind. For more information, see the Amazon.com policies on Equal Employment Opportunity and Workplace Harassment in the Amazon.com Owner’s Manual.
- #20 Amazon.com provides a clean, safe and healthy work environment. Each employee has responsibility for maintaining a safe and healthy workplace by following safety and health rules and practices and reporting accidents, injuries and unsafe conditions, procedures, or behaviors. Violence and threatening behavior are not permitted. Employees must report to work in a condition to perform their duties, free from the influence of illegal drugs or alcohol. Amazon.com Code of Business Conduct and Ethics
- #21 Employees may not discuss prices or make any formal or informal agreement with any competitor regarding prices, discounts, business terms, or the market segments and channels in which the Company competes, where the purpose or result of such discussion or agreement would be inconsistent with applicable antitrust laws. If you have any questions about this section or the applicable antitrust laws, please contact the Legal Department.
- #22 The U.S. Foreign Corrupt Practices Act prohibits giving anything of value, directly or indirectly, to officials of foreign governments or foreign political candidates in order to obtain or retain business. Employees may not make illegal payments to government officials. Employees who are conducting business with the government officials of any country must contact the Legal Department for guidance on the law governing payments and gifts to governmental officials.
- #23 Amazon.com’s books, records, accounts and financial statements must be maintained in appropriate detail, must properly reflect the Company’s transactions and must conform both to applicable law and to the Company’s system of internal controls. Further, Amazon.com’s public financial reports must contain full, fair, accurate, timely and understandable disclosure as required by law. The Company’s financial, accounting and legal groups are responsible for procedures designed to assure proper internal and disclosure controls, and all employees should cooperate with these procedures.
- #24 Employees should speak with anyone in their management chain or the Legal Department when they have a question about the application of the Code of Conduct or when in doubt about how to properly act in a particular situation. The Amazon.com Legal Department has developed and maintains reporting guidelines for employees who wish to report violations of the Code of Conduct. These guidelines include information on making reports to the Legal Department and to an independent third party. Please see the reporting guidelines for information and instructions. Amazon.com Code of Business Conduct and Ethics
- #25 Employees should speak with anyone in their management chain or the Legal Department when they have a question about the application of the Code of Conduct or when in doubt about how to properly act in a particular situation. The Amazon.com Legal Department has developed and maintains reporting guidelines for employees who wish to report violations of the Code of Conduct. These guidelines include information on making reports to the Legal Department and to an independent third party. Please see the reporting guidelines for information and instructions. Amazon.com Code of Business Conduct and Ethics
- #44 In mid-December 2008, Satyam announced acquisition of two companies - Maytas Properties and Maytas Infrastructure owned by the family members of Satyam's founder and Chairman Ramalinga Raju (Raju). It planned to acquire 100% and 50% stakes in Maytas property and infra for $1.6B.