The evolution or refinement of principal standards of corporate governance is usually preceded by some corporate governance failure, which highlight the need for change (Thakor, 2007). In the UK, the key standards of bank governance and ethics have undergone crucial metamorphosis post-financial crisis. These changes are significant across economic and political lines, as corporate failures Continue reading
Corporate Governance
Case Study: Analysis of Corporate Governance Failure at Enron
From the start of the early 2000s, a wave of corporate accounting failures started to hit the United States from many sectors of the economy that was just absorbing the shock of the “Dotcom” bubble (Lakshan and Wijekoon, 2012). These corporate scandals were huge and shocking, extending far beyond the principal players to have serious Continue reading