The document discusses the role of institutional investors in corporate governance in India. It provides background on the Satyam scam perpetrated by Ramalinga Raju, founder and chairman of Satyam Computers. It then discusses types of institutional investors, current corporate governance regulations in India, and both the potential positive and negative roles institutional investors can play in monitoring companies and holding them accountable. It concludes that institutional investors should actively ensure boards have experience, executive pay is not excessive, related party transactions are monitored, and corrective action is demanded when needed.