Accounting scandals and implications for directors: Lessons from Enron

• Main Authors: TAN, Pearl Hock-neo, YEO, Gillian
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2022
• 主題: Accounting scandals; audit committee; corporate governance; hedging; independent directors; incentives; risks; Sarbanes-Oxley Act; special purpose entity; volatility; Accounting; Business Law, Public Responsibility, and Ethics
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/2000; https://ink.library.smu.edu.sg/context/soa_research/article/3027/viewcontent/AccountingScandals_Enron_av.pdf

We analyze the Enron case to identify the risk factors that potentially led to its collapse and specific issues relating to its aggressive accounting and high-light the lessons for independent directors. In Enron, the interactions between external stimuli, strategies, corporate culture, and risk exp...