19 download_doc-10.php

19 download_doc-10.php - – How have we prevented some of...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
G202 (2/18/2009) Types of Conflict of Interest  Using confidential Information: Misuse of inside information  Outside Employment or Moonlighting: Holding multiple employment positions at one time, which biases  professional behavior  Post-Employment: Holding a sequence of employment positions where you carry a bias from  one job to the next  The Enron Case Why did the conflicts of interest exist with the following parties: Andersen Accountants? Sell-side Analysts? Investment Bankers? Lawyers? Consultants? Credit Raters? (For all above see forum discussions on OnCourse)
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: – How have we prevented some of the conflicts of interest going forward from the Enron Scandal? • The Enron Case – After the Enron debacle we have had an increased role of government regulation in financial markets. • For Example: The Sarbanes-Oxley Act – How can we judge the efficiency of the new regulations? • Compare benefits: • Reduced occurrence of financial accounting fraud. • to costs: • Firm compliance costs and government enforcement costs....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern