Enron and World Finance: A Case Study in Ethics [Hardcover]

Four years after the debacle, the term 'Enron' has earned its place in the everyday vocabulary of business ethics. Hardly anyone understands the business intricacies of what really happened with the sophisticated energy conglomerate. Even fewer are those able to envision, beyond the business case, the ethical questions and dilemmas facing actors at any one stage of the drama. Using the collapse of Enron as a case study, this book not only shows how and where ethics came into play, but also draws lessons and discusses possible remedies that may prevent the whole financial system from falling apart as a result of either excessive greed or over-regulation.List of Tables and Boxes Acknowldgements Notes onn the Contributors List of Abbreviations Overview of the Book; A.Cornford PART 1: ENRON: ORIGINS, CHARACTER AND FAILURE Enron and Internationally Agreed Principles for Corporate Governance and the Finance Sector; A.Cornford A Revisionist View of Enron and the Sudden Death of 'May'; F.Partnoy Who Is Who in the World of Financial Swaps and Special Purpose Entities?; F-M.Monnet PART 2: ETHICS IN THOUGHT AND ACTION An Ethical Diagnosis of the Enron Affair; E.Perrot Anonymity: Is a Norm as Good as a Name?; E.Dommen Spaces for Business Ethics; D.Sugranyes PART 3: CORPORATE GOVERNANCE AND AUDITING The Demise of Andersen: Corporate Governance Failure; C.Sauviat Enron et al and Implications for the Auditing Profession; A.Travis Enron Revisited: What Is a Board Member to Do?; B.Krasna How to Restore Trust in Financial Markets?; H.J.Blommestein PART 4: CORPORATE CULTURE AND ETHICS Enron: The Collapse of Corporate Culture; J.Dobson Ethics, Courage and Discipline: The Lessons of Enron; R.G.Kennedy Developing Leadership and Responsibility: No Alternative for Business Schools; H-C. de Bettignies Ethics for a Post-Enron America; H.R.Boatright PART 5: CONCLUSION Enron: Visiting the Immersed Part of the Iceberg; P.H.Dembinski & J-M.Bonvin Index

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