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6. Who is responsible for the loss in shareholder value? 7. Are the regulatory reforms undertaken after the scandal likely to have a positive effect

6. Who is responsible for the loss in shareholder value?

7. Are the regulatory reforms undertaken after the scandal likely to have a positive effect on corporate governance in India? How can the role of independent directors be enhanced without making it too onerous to be an independent director?

8. Should the non-executive and independent directors be held accountable for the fraud perpetrated in Satyam?

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