Enron and the World Finance

A Case Study in Ethics

Edited by Paul H. Dembinski, Carole Lager,
Andrew Cornford and Jean-Michel Bonvin

 

‘The essays in this book greatly enhance our understanding of the causes of one of the most important events in financial history. The authors examine in notable depth the ethical and governance dimensions of the Enron saga, while providing a fascinating commentary on the nature of modern finance capitalism.’
John Plender, Financial Times and author of ‘Going off the Rail - Global Capital and the Crisis of Legitimacy’

‘Enron and World Finance addresses the most important issue of our time… This brilliant collection of essays with its remarkably insightful introduction and conclusion require us to consider what might be called the tyranny of economics. … Enron is important not only in itself but also as a warning signal of the predictable destructive consequences of the failure of language.’
Robert A. G. Monks, Lens Governance Advisors, USA

‘Enron offers an ideal example of using, or perhaps misusing, financial innovations within modern corporations. The book Enron and World Finance provides a very insightful overview of this memorable case, where the ethical dimension of an organisation was non-existent. As professors of Finance, we welcome such a book that illustrates the pitfalls of financial creativity when it ignores or abuses the boundaries of an honest corporate culture and of its management.’
Marc Chesney and Rajna Gibson, Professors of Finance, Swiss Banking Institute, University of Zürich

‘This book provides, at once, a fresh understanding of the place of ethical thought in financial markets, and a focus on leadership ands responsibility for the implementation of ethical duties. I commend this fascinating book to a wide readership in financial and academic institutions.’
Professor Dr Hans Tietmeyer, Bundesbankpräsident IR, Germany

 

Contents

• Part 1: Enron: Origins, Character and Failure
• Part 2: Ethics in Thought and Action
• Part 3: Corporate Governance and Auditing
• Part 4: Corporate Culture and Ethics
• Part 5: Conclusions

 

Enron and World Finance. A Case Study in Ethics
Edited by Paul H. Dembinski, Carole Lager,
Andrew Cornford, Jean-Michel Bonvin
Palgrave Macmillan, 2006
Hardback, £55.00, ISBN: 1-4039-4763-5

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