Title: Accounting at Energy Firms after Enron: Is the 'Cure' Worse Than the 'Disease'?
Abstract: The collapse of the Enron Corporation and the revelation of accounting irregularities at Enron and other major corporations have led to a reexamination of the adequacy of accounting, auditing, and disclosure rules in the United States. Many policymakers and commentators have viewed corporate malfeasance as a widespread problem, but the accounting problems that beset Enron and other failed corporations do not appear to be systemic in this country. Thus, the main risk facing equity markets post-Enron has been one of too much political intervention in a market that was already working to right itself.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 2
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