GRID VIEW LIST VIEW

OtherPapers

The Fall of Enron

We will assess how governance and incentive problems contributed to Enron’s rise and fall. A well-functioning capital market creates appropriate linkages of information, incentives, and governance between managers and investors. This process is supposed to be carried out through a network of intermediaries. We show that despite this elaborate corporate governance and inter-mediation network, Enron… Read more »