Download or read book Corporate Reform Lessons Learned for the Collapse of Enron written by Hirokazo Saito and published by . This book was released on 2006 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book After Enron written by William A. Niskanen and published by Rowman & Littlefield. This book was released on 2007 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: After Enron addresses the major lessons about accounting, auditing, taxation, and corporate governance that are illustrated by the collapse of Enron and other recent major corporate scandals. The book then develops a set of proposals for changes in public policy that would lead accountants, bankers, board members, lawyers, and corporate managers to better serve the interests of the general public.
Download or read book Corporate Aftershock written by Christopher L. Culp and published by John Wiley & Sons. This book was released on 2003-06-17 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Das Scheitern von scheinbar grundsoliden, unerschütterlichen Unternehmen wie Enron haben nicht nur zu großen Missverständnissen über die Märkte geführt, sondern auch zu übereilten Forderungen nach strengeren Vorschriften. "Corporate Aftershock" ist eine fundierte Antwort auf die zahlreichen Vorschläge, Derivate und andere Finanztransaktionen als Folge des Zusammenbruchs von Enron, zu beschränken. Der Band präsentiert eine stichhaltige Analyse der Situation der Public Policy nach dem Enron Debakel. Er erläutert, was wahrscheinlich passieren wird und geht auch darauf ein, was aus Sicht einer ausgewogenen Wirtschaftsanalyse passieren sollte. Autor Christopher Culp ist ein anerkannter Experte auf diesem Gebiet. Er ist Managing Director von C.P. Risk Management LCC, Adjunct Associate Professor of Finance an der Graduate School of Business der Universität von Chicago sowie Gastprofessor für 'Risk and Insurance' am Institut für Finanzmanagement der Universität Bern.
Download or read book A Financial History of Modern U S Corporate Scandals written by Jerry W Markham and published by Routledge. This book was released on 2015-01-28 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt: A definitive new reference on the major failures of American corporate governance at the start of the 21st century. Tracing the market boom and bust that preceded Enron's collapse, as well as the aftermath of that failure, the book chronicles the meltdown in the telecom sector that gave rise to accounting scandals globally. Featuring expert analysis of the Sarbanes-Oxley legislation that was adopted in response to these scandals, the author also investigates the remarkable market recovery that followed the scandals. An exhaustive guide to the collapse of the Enron Corporation and other financial scandals that erupted in the wake of the market downturn of 2000, this book is an essential resource for students, teachers and professionals in corporate governance, finance, and law.
Download or read book Lessons Learned from Enron s Collapse written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on 2002 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accountability Issues written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 2003 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lessons Learned from Enrons Collapse written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-01-08 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lessons learned from Enron's collapse : auditing the accounting industry : hearing before the Committee on Energy and Commerce, House of Representatives, One Hundred Seventh Congress, second session, February 6, 2002.
Download or read book Lessons Learned from Enron s Collapse written by United States House of Representatives and published by . This book was released on 2020-03-19 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lessons learned from Enron's collapse: auditing the accounting industry: hearing before the Committee on Energy and Commerce, House of Representatives, One Hundred Seventh Congress, second session, February 6, 2002.
Download or read book Accounting finance Lessons of Enron written by Harold Bierman and published by World Scientific. This book was released on 2008 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. The Enron success and failure -- 2. Enron as of 31 December 2000 -- 3. First six months of 2001: before the storm -- 4. Sherron Watkins' letter to Kenneth L. Lay -- 5. The clouds burst -- 6. The 100-year flood -- 7. JEDI and Chewco: not the movie -- 8. LJM1 and rhythms -- 9. LJM2 and Raptors I and III -- 10. LJM2 and Raptors II and IV -- 11. Other transactions -- 12. The collapse -- 13. The indictment of lay and skilling -- 14. The trial -- 15. A slice of the Skilling-Lay trial -- 16. The Skilling-Lay trial: fair or foul? -- 17. Mark to market accounting: feeding the growth requirement -- 18. Concluding observations
Download or read book Following the Money written by George Benston and published by Brookings Institution Press. This book was released on 2004-05-13 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and American Enterprise Institute publication A few years ago, Americans held out their systems of corporate governance and financial disclosure as models to be emulated by the rest of the world. But in late 2001 U.S. policymakers and corporate leaders found themselves facing the largest corporate accounting scandals in American history. The spectacular collapses of Enron and Worldcom—as well as the discovery of accounting irregularities at other large U.S. companies—seemed to call into question the efficacy of the entire system of corporate governance in the United States. In response, Congress quickly enacted a comprehensive package of reform measures in what has come to be known as the Sarbanes-Oxley Act. The New York Stock Exchange and the NASDAQ followed by making fundamental changes to their listing requirements. The private sector acted as well. Accounting firms—watching in horror as one of their largest, Arthur Andersen, collapsed after a criminal conviction for document shredding—tightened their auditing procedures. Stock analysts and ratings agencies, hit hard by a series of disclosures about their failings, changed their practices as well. Will these reforms be enough? Are some counterproductive? Are other shortcomings in the disclosure system still in need of correction? These are among the questions that George Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer address in Following the Money. While the authors agree that the U.S. system of corporate disclosure and governance is in need of change, they are concerned that policymakers may be overreacting in some areas and taking actions in others that may prove to be ineffective or even counterproductive. Using the Enron case as a point of departure, the authors argue that the major problem lies not in the accounting and auditing standards themselves, but in the system of enforcing those standards.
Download or read book 107 2 Hearing Lessons Learned From Enron s Collapse Auditing the Accounting Industry Serial written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Enron Scandal a Decade Later written by Alexandre Di Miceli da Silveira and published by . This book was released on 2013 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2011 has marked a decade since the Enron collapse, considered the most emblematic corporate scandal worldwide. Despite its importance, few studies provide an integrated analysis of the underlying failures that allowed Enron's debacle, going beyond the traditional view that reduces the case to a mere "accounting fraud". Few studies also evaluate the main lessons from the Enron scandal in perspective, by comparing its common causes with corporate scandals that emerged during the global financial crisis in 2007-2008. These are the gaps I aim to fill. I conclude that Enron's accounting manipulations, rather than being the cause of the problems, were the consequence of managerial failures and wishful blindness by its stakeholders. I also show that some lessons from Enron have not been fully internalized by companies worldwide, since most of its underlying causes are similar to those of several corporate scandals that emerged a couple of years later.
Download or read book Power Failure written by Mimi Swartz and published by Currency. This book was released on 2004-03-09 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: “They’re still trying to hide the weenie,” thought Sherron Watkins as she read a newspaper clipping about Enron two weeks before Christmas, 2001. . . It quoted [CFO] Jeff McMahon addressing the company’s creditors and cautioning them against a rash judgment. “Don’t assume that there is a smoking gun.” Sherron knew Enron well enough to know that the company was in extreme spin mode… Power Failure is the electrifying behind-the-scenes story of the collapse of Enron, the high-flying gas and energy company touted as the poster child of the New Economy that, in its hubris, had aspired to be “The World’s Leading Company,” and had briefly been the seventh largest corporation in America. Written by prizewinning journalist Mimi Swartz, and substantially based on the never-before-published revelations of former Enron vice-president Sherron Watkins, as well as hundreds of other interviews, Power Failure shows the human face beyond the greed, arrogance, and raw ambition that fueled the company’s meteoric rise in the late 1990s. At the dawn of the new century, Ken Lay’s and Jeff Skilling's faces graced the covers of business magazines, and Enron’s money oiled the political machinery behind George W. Bush’s election campaign. But as Wall Street analysts sang Enron’s praises, and its stock spiraled dizzyingly into the stratosphere, the company’s leaders were madly scrambling to manufacture illusory profits, hide its ballooning debt, and bully Wall Street into buying its fictional accounting and off-balance-sheet investment vehicles. The story of Enron’s fall is a morality tale writ large, performed on a stage with an unforgettable array of props and side plots, from parking lots overflowing with Boxsters and BMWs to hot-house office affairs and executive tantrums. Among the cast of characters Mimi Swartz and Sherron Watkins observe with shrewd Texas eyes and an insider’s perspective are: CEO Ken Lay, Enron’s “outside face,” who was more interested in playing diplomat and paving the road to a political career than in managing Enron’s high-testosterone, anything-goes culture; Jeff Skilling, the mastermind behind Enron’s mercenary trading culture, who transformed himself from a nerdy executive into the personification of millennial cool; Rebecca Mark, the savvy and seductive head of Enron’s international division, who was Skilling’s sole rival to take over the company; and Andy Fastow, whose childish pranks early in his career gave way to something far more destructive. Desperate to be a player in Enron’s deal-making, trader-oriented culture, Fastow transformed Enron’s finance department into a “profit center,” creating a honeycomb of financial entities to bolster Enron’s “profits,” while diverting tens of millions of dollars into his own pockets An unprecedented chronicle of Enron’s shocking collapse, Power Failure should take its place alongside the classics of previous decades – Barbarians at the Gate and Liar’s Poker – as one of the cautionary tales of our times.
Download or read book LESSONS LEARNED FROM ENRON S COLLAPSE HEARING SERIAL NO 107 83 COMMITTEE ON ENERGY HOUSE OF REPRESENTATIVES 107TH CONGRESS written by and published by . This book was released on 2002* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Oversight of Enron written by United States. Congress. Senate. Committee on Governmental Affairs and published by . This book was released on 2002 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization and Neoliberalism written by Thomas Klak and published by Rowman & Littlefield Publishers. This book was released on 2000-01-01 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do recent trends toward globalization affect the Caribbean, a region whose suppliers, production, markets, and politics have been globalized for centuries? What is the status of neoliberal development policy in the Caribbean, where the rewards for belt tightening and economic opening have been slow in coming? How have Caribbean policymakers and citizens responded to and resisted the pressures to conform to the new rules of the global economy? By examining these questions through the lens of political economy, this volume explores the interaction among development, trade, foreign policy, the environment, tourism, gender relations, and migration. With its global implications, this book will be invaluable for students and scholars from all disciplines who are concerned with the impact of development and globalization.
Download or read book The Enron Collapse written by Dirk J. Barreveld and published by iUniverse. This book was released on 2002 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:
