The practices at Enron demonstrated that problems can be mitigated but not eliminated. Despite corporate governance best practice principles and government regulation, other considerations will always have an impact upon corporate and individual behaviour.
The following need to considered
 Do you agree or disagree with this statement?
 outline the key corporate governance issues in the Enron case
 refer to the ASX corporate governance best practice principles
 refer to relevant legislation
 What else could Enron have done to foster good corporate governance
 Outline your conclusions about Enron's corporate behaviour and make
recommendations about appropriate corporate governance in this case.
This solution is comprised of detailed explanation of the Enron's case including whether I agree or disagree with the statement "that problems can be mitigated but not eliminated". It also outlines the key corporate governance issues in the Enron's case, a reference to the ASX corporate governance best practice principles, the relevant legislation, and recommendations of what Enron could have done to foster good corporate governance.
Enron Corporate Governance System: Which parts failed?
1. Which parts of the corporate governance system, internal and external, do you believe failed Enron the most?
2. How do you think each of the individual stake holders and components of the corporate governance system should have either prevented the problems an Enron or acted to resolve the problems before they reached crisis proportions?
3. If all publicly traded firms in the United States are operating within the same basic corporate governance system as Enron, why would some people believe this was a isolated incident, and not an example of many failure to come?View Full Posting Details