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 From the Post Enron Accounting Scandals to the Subprime Crisis written by Jerry W. Markham and published by Taylor & Francis. This book was released on 2022-06-06 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 2011, this volume examines the Enron-era scandals and several corporate governance issues that were raised as a result of these scandals. It then describes developments in the securities and derivatives markets, covering hedge funds, venture capital, private equity and sovereign wealth funds.
Download or read book Corporate Governance Post Enron written by Joseph Jude Norton and published by British Inst of International & Comparative. This book was released on 2006 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: No sooner than the Enron scandal (and other major US corporate failures) unfolded that it became apparent the sundry issues of corporate governance that were being brought into question and deliberation were not simply issues peculiar to the US corporate governance context (which are covered in detail in this volume by leading US experts), but were of major concern also throughout Western Europe (aspects which are governed by UK, Italian, French, and Scandinavian experts and which touch upon European scandals such as Parmalat). In fact, the corporate governance issues of the Enron debacle are of a broader 'global concern,' where the experiences of developing, emerging, and transitioning economies present their own special perspectives and lessons to be learned (here experts from Russia and East Asia make significant contributions). In addition, the increasing interconnection of law and accounting rears its head as being of core importance-another topic that is discussed in detail throughout this volume. Further, special types of corporations (eg regulated financial institutions) and transactions (eg mergers and acquisitions) generate their own additional issues: these are also covered within this book. This publication, comprised of 21 chapters prepared by leading legal experts drawn worldwide, contributes constructively to the continuing comparative and international discussions and debates concerning the appropriate subject, policies and rules for appropriate corporate governance system(s)-as viewed from a multifaceted and multilayered context of true global dimensions. This volume represents the collaborative efforts of the British Institute of International and Comparative Law, the Centre for Commercial Law Studies (Queen Mary, London), the Stockholm Center for Commercial Law (Stockholm University Law Faculty), and the SMU Dedman School of Law and its Institute of International Banking and Finance; and comes as the latest addition to the Studies Series in International Financial, Economic and Technology Law, published in collaboration with the SMU International Law Review Association and the SMU-London Forum Intitiative. ò
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 A Review of FASB Action Post Enron and Worldcom written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Commerce, Trade, and Consumer Protection and published by . This book was released on 2003 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enron written by Loren Fox and published by John Wiley & Sons. This book was released on 2004-01-30 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I'd say you were a carnival barker, except that wouldn't be fair tocarnival barkers. A carnie will at least tell you up front that he's running a shell game. You, Mr. Lay, were running what purported to be the seventh largest corporation in America."-Senator Peter Fitzgerald (R-IL) to Enron CEO Kenneth Lay, Senate Commerce Science & Transportation's Subcommittee, Hearing on Enron, 2/12/02 The speed of Enron's rise and fall is truly astonishing and perhaps the single most important story of corporate failure in the twenty-first century. In Enron investigative journalist Loren Fox promises readers nothing short of the most compelling and insightful investigation into Enron's meteoric ascent-regarded by Wall Street and the media as the epitome of innovation-and its spectacular fall from grace. In a lively and authoritative manner, Fox discusses how the biggest corporate bankruptcy in American business history happened, why for so long no one (except for an enlightened few) saw it coming, and what its impact will be on financial markets, the U.S. economy, U.S. energy policy, and the public for years to come. With access to many company insiders, Fox's intriguing account of this corporate debacle also provides an overview of the corporate culture and business model that led to Enron's high-flying success and disastrous failure. The story of Enron is one that will reverberate in global financial and energy markets as well as in criminal and civil courts for years to come. Rife with all the elements of a classic thriller-scandal, dishonest accounting, personal greed, questionable campaign contributions, suicide-Enron captures the essence of a company that went too far too fast.
Download or read book Investing in a Post Enron World written by Paul Jorion and published by McGraw Hill Professional. This book was released on 2002-12-22 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asset-protecting strategies for the millions of investors spooked by the ongoing Enron debacle The collapse of Enron--one of the most costly bankruptcy cases in history--has led millions of investors to question the safety of their portfolios and retirement plans. Investing in a Post-Enron World gives wary investors the tools they need to determine the safety of any investment and outlines a step-by-step program for ensuring that their portfolios are shielded from sudden disasters. The first Enron book specifically for investors, Investing in a Post-Enron World pulls no punches in telling investors what to buy and whom to trust, along with red flags to watch for. Its numerous methods for minimizing risk and overexposure include: A quick course in investing and finance Guidelines for pulling the truth from financial statements Rules for "Enron-proofing" a portfolio through diversification Simple techniques for valuing a company and its stock Ways to manage downside risk How to become a "financial sleuth"
Download or read book CEO Compensation in the Post Enron Era written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book What Went Wrong at Enron written by Peter C. Fusaro and published by John Wiley & Sons. This book was released on 2002-10-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: An easy answer guide to the difficult questions surrounding Enron What Went Wrong at Enron explains the critical steps, transactions, and events that led to the demise of a company that was once considered one of the most innovative corporations in the United States. Energy risk management expert Peter Fusaro gets inside Enron and provides a coherent account of the who, why, where, and when of this corporate debacle, without sacrificing the complexity of what has happened. Enron has been front-page news for months, but confusion still remains about what actually happened. What Went Wrong at Enron is written for readers who find themselves wondering what exactly is an energy trading company, what was the sequence of events that caused the largest corporate bankruptcy in U.S. history, and what does this all mean for me.
Download or read book Power Failure written by Mimi Swartz and published by Currency. This book was released on 2003-03-25 with total page 352 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 ceo compensation in the post enron era written by and published by DIANE Publishing. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Enron Scandal written by Theodore F. Sterling and published by Nova Publishers. This book was released on 2002 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface; Enron: A Select Chronology of Congressional, Corporate, and Government Activities; Enron and Stock Analyst Objectivity; Soft Money, Allegations of Political Corruption, and Enron; Enron: Selected Securities, Accounting, and Pension Laws Possibly Implicated in Its Collapse; The Enron Collapse: An Overview of Financial Issues; Auditing and Its Regulators: Proposals for Reform after Enron; Enron's Banking Relationships and Congressional Repeal of Statutes Separating Bank Lending from Investment Banking; Enron Bankruptcy: Issues for Financial Oversight; The Enron Bankruptcy and Employer Stock in Retirement Plans; Enron and Taxes; Title vs Enron Corp. and Fiduciary Duties Under ERISA; Possible Criminal Provisions Which May Be Implicated in the Events Surrounding the Collapse of the Enron Corporation; Index.
Download or read book Conspiracy of Fools written by Kurt Eichenwald and published by Random House. This book was released on 2005 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a study of the Enron scandal, the author goes behind the scenes to profile the players and expose business practices involved in the financial and political debacle that had a profound impact on both Washington and Wall Street.
Download or read book Ethics in the Post Enron Age written by Iris Stuart and published by South Western Educational Publishing. This book was released on 2004 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This casebook is designed as a core text for an ethics course or as an ethics supplement for introductory accounting principles, financial accounting, intermediate accounting, accounting theory, or auditing courses. Identifying ethical dilemmas and projecting their resolution will allow students to develop skills that will be useful in their future careers.
Download or read book From Enron to Evo written by Derrick Hindery and published by University of Arizona Press. This book was released on 2013-06-06 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the Americas, a boom in oil, gas, and mining development has pushed the extractive frontier deeper into Indigenous territories. Centering on a long-term study of Enron and Shell’s Cuiabá pipeline, From Enron to Evo traces the struggles of Bolivia’s Indigenous peoples for self-determination over their lives and territories. In his analysis of their response to this encroaching development, author Derrick Hindery also sheds light on surprising similarities between neoliberal reform and the policies of the nation’s first Indigenous president, Evo Morales. Drawing upon extensive interviews and document analysis, Hindery argues that many of the structural conditions created by neoliberal policies—including partial privatization of the oil and gas sector—still persist under Morales. Tactics employed by both Morales and his neoliberal predecessors utilize the rhetoric of environmental protection and Indigenous rights to justify oil, gas, mining, and road development in Indigenous territories and sensitive ecoregions. Indigenous peoples, while mindful of gains made during Morales’s tenure, are increasingly dissatisfied with the administration’s development model, particularly when it infringes upon their right to self-determination. From Enron to Evo demonstrates their dynamic and pragmatic strategies to cope with development and adversity, while also advancing their own aims. Offering a critique of both free-market piracy and the dilemmas of resource nationalism, this is a groundbreaking book for scholars, policy-makers, and advocates concerned with Indigenous politics, social movements, environmental justice, and resistance in an era of expanding resource development.
Download or read book Investing in a Post Enron World written by Paul Jorion and published by McGraw Hill Professional. This book was released on 2003-01-24 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asset-protecting strategies for the millions of investors spooked by the ongoing Enron debacle The collapse of Enron--one of the most costly bankruptcy cases in history--has led millions of investors to question the safety of their portfolios and retirement plans. Investing in a Post-Enron World gives wary investors the tools they need to determine the safety of any investment and outlines a step-by-step program for ensuring that their portfolios are shielded from sudden disasters. The first Enron book specifically for investors, Investing in a Post-Enron World pulls no punches in telling investors what to buy and whom to trust, along with red flags to watch for. Its numerous methods for minimizing risk and overexposure include: A quick course in investing and finance Guidelines for pulling the truth from financial statements Rules for "Enron-proofing" a portfolio through diversification Simple techniques for valuing a company and its stock Ways to manage downside risk How to become a "financial sleuth"
Download or read book Enron written by Lucy Prebble and published by Bloomsbury Publishing. This book was released on 2016-01-28 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only difference between me and the people judging me is they weren't smart enough to do what we did. One of the most infamous scandals in financial history becomes a theatrical epic. At once a case study and an allegory, the play charts the notorious rise and fall of Enron and its founding partners Ken Lay and Jeffrey Skilling, who became 'the most vilified figure from the financial scandal of the century.' This Student Edition features expert and helpful annotation, including a scene-by-scene summary, a detailed commentary on the dramatic, social and political context, and on the themes, characters, language and structure of the play, as well as a list of suggested reading and questions for further study and a review of performance history. Mixing classical tragedy with savage comedy, Enron follows a group of flawed men and women in a narrative of greed and loss which reviews the tumultuous 1990s and casts a new light on the financial turmoil in which the world finds itself in 2009. The play was Lucy Prebble's first work for the stage since her debut work The Sugar Syndrome, winner of the George Devine and Critic's Circle Awards for Most Promising New Playwright. Produced by Headlong, Enron premiered at Chichester's Minerva Theatre on 11 July 2009 and opened at the Royal Court Theatre, London, in September, before transferring to London's West End and to Broadway in 2010.
