To complement prior literature, we examined documented behaviors in cases of Satyam corporate scandal, using the evidence taken from press articles, and also applied a “content” analysis to them. In terms of information collection “methodology”, we searched for evidence from the press coverage contained in the “Factiva” database. Thus, present study is primarily based on “secondary” sources of data (EBSCO host database) gathered from the related literature published in the journals, newspaper, books, statements, reports. However, as stated earlier, the nature of study is “primarily qualitative, descriptive and analytical”.