The Enron Collapse: Implications to investors and the capital markets

The Enron Collapse: Implications to investors and the capital markets PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business failures
Languages : en
Pages : 526

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The Enron Collapse: Implications to investors and the capital markets

The Enron Collapse: Implications to investors and the capital markets PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business failures
Languages : en
Pages : 526

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Book Description


The Enron Collapse: Implications to investors and the capital markets

The Enron Collapse: Implications to investors and the capital markets PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN: 9780160691829
Category : Business failures
Languages : en
Pages :

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The Enron Collapse: Impact on investors and financial markets

The Enron Collapse: Impact on investors and financial markets PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business failures
Languages : en
Pages : 176

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Book Description


The Enron Collapse

The Enron Collapse PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business failures
Languages : en
Pages : 176

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107-2 Hearings: The Enron Collapse: Implications to Investors and The Capital Markets, Serial No. 107-51, Part 2, February 4, 5, 2002, *

107-2 Hearings: The Enron Collapse: Implications to Investors and The Capital Markets, Serial No. 107-51, Part 2, February 4, 5, 2002, * PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 536

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The Enron Collapse

The Enron Collapse PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business failures
Languages : en
Pages : 532

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The Enron collapse

The Enron collapse PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN: 9780160686078
Category : Business failures
Languages : en
Pages :

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The Enron Collapse

The Enron Collapse PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN: 9780160686078
Category : Business failures
Languages : en
Pages : 162

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Financial Oversight of Enron

Financial Oversight of Enron PDF Author: United States. Congress. Senate. Committee on Governmental Affairs
Publisher:
ISBN:
Category : Credit ratings
Languages : en
Pages : 108

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Following the Money

Following the Money PDF Author: George Benston
Publisher: Brookings Institution Press
ISBN: 9780815708919
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
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.