Corporate Financial Corruption in Enron and its Consequences
| Author: | Mgr. Pavel Hlaváček |
|---|---|
| Year: | 2004 - summer |
| Leaders: | † doc. Ing. Jiří Havel CSc. |
| Consultants: | |
| Work type: | Finance and Banking Masters |
| Language: | English |
| Pages: | 81 |
| Awards and prizes: | |
| Link: | |
| Abstract: | In my diploma theses I am trying to discuss, in general how generally ran the system of regulation and supervision of the capital markets operated in the USA before the well-known bankruptcy of Enron Corporation and whether this regulation and supervision was sufficient. I then outline the story of Enron from the beginning to the bankruptcy. Further I talk about the following reaction of the responsible institutions, in particular the Stock Exchange Commission, and whether this reaction was reasonable and adequate. Finally I am focusing on the main consequences of the Enron bankruptcy and other similar fraud accounting cases on the legislation and on the companies in the United States and also in the Czech Republic. |
