Title

Accounting Scandals and Implications for Directors: Lesson from Enron

Publication Type

Book Chapter

Publication Date

2006

Abstract

The essay analyzes the role and responsibilities of independent directors in the wake of accounting scandals such as Enron. It discusses the issue of whether independent directors should re-direct their focus to their roles as stewards rather than maximizers of corporate wealth. In particular, the essay uses a case-study approach to analyze risk factors that independent directors should be vigilant about in their role as corporate guardians.

Keywords

Corporate Governance

Discipline

Accounting | Business Law, Public Responsibility, and Ethics

Research Areas

Corporate Governance, Auditing and Risk Management

Publication

Encyclopedia of Finance

First Page

495

Last Page

499

ISBN

9780387262840

Identifier

10.1007/978-1-4614-5360-4_40

Publisher

Springer Verlag

City or Country

New York, USA

Additional URL

http://www.worldcat.org/oclc/60671878