Author: United States. Congress. Senate. Committee on Governmental AffairsPublisher:
ISBN:
Category : Credit ratings
Languages : en
Pages : 108
Book Description
Financial Oversight of Enron
Author: United States. Congress. Senate. Committee on Governmental AffairsPublisher:
ISBN:
Category : Credit ratings
Languages : en
Pages : 108
Book Description
Financial Oversight of Enron
Author: Richard Gid PowersPublisher:
ISBN: 9780756728038
Category :
Languages : en
Pages : 0
Book Description
Enron Corp. filed for bankruptcy protection on Dec. 2, 2001, making it the largest co. to declare bankruptcy in U.S. history. Enron's collapse deprived thousands of employees of their jobs, severely diminished their retirement savings, and led to the loss of billions of shareholder dollars. The company's failure and the months of revelations that followed triggered a crisis in investor confidence. The Committee initiated a wide-ranging review of the actions of the various governmental and private watchdogs that were supposed to monitor Enron's activities and help protect the public against these sorts of calamities. This report discusses the SEC and other watchdogs; and Wall Street securities analysts and credit rating agencies, and how they assessed Enron and its ratings.
The Enron Scandal
Author: Theodore F. SterlingPublisher: Nova Publishers
ISBN: 9781590334607
Category : Business & Economics
Languages : en
Pages : 194
Book Description
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.
The Role of the Board of Directors in Enron's Collapse
Author: United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on InvestigationsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 68
Book Description
The Financial Collapse of Enron
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and InvestigationsPublisher:
ISBN:
Category : Business failures
Languages : en
Pages : 528
Book Description
The Enron collapse
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored EnterprisesPublisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 524
Book Description
Following the Money
Author: George BenstonPublisher: Brookings Institution Press
ISBN: 9780815708919
Category : Business & Economics
Languages : en
Pages : 154
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.
The Enron Collapse
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored EnterprisesPublisher:
ISBN:
Category : Business failures
Languages : en
Pages : 532
Book Description
The Enron Collapse: Implications to investors and the capital markets
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored EnterprisesPublisher:
ISBN:
Category : Business failures
Languages : en
Pages : 526
Book Description
The Financial Collapse of Enron: Feb. 7, 2002
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and InvestigationsPublisher:
ISBN:
Category : Business failures
Languages : en
Pages : 498
Book Description