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Ethics for a Post-Enron America

John R. Boatright

Chapter 15 in Enron and World Finance, 2006, pp 226-233 from Palgrave Macmillan

Abstract: Abstract The high profile scandals at Enron, WorldCom, Global Crossing and Tyco, among others, combined with the spectacular dissolution of the accounting firm Arthur Andersen, are more than business failures. Voluminous news reports have revealed egregious failures by top executives and their advisers — including accountants, investment bankers and lawyers — to fulfil their basic fiduciary duties to serve the interests of shareholders and the public.

Keywords: Initial Public Offering; Investment Bank; Executive Compensation; Generally Accepted Accounting Principle; Fiduciary Duty (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51886-5_15

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DOI: 10.1057/9780230518865_15

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