The first part of the paper will give a very brief background of the collapse of Enron. Secondly, corporate governance issues regarding investor protection, board structure, auditor independence and self regulation will be addressed. Thirdly, the Sarbanes-Oxley Act will be exposed. Provisions regulating board structure, responsibility for financial statements and auditors will be described. Some of the criticism the Act has attracted will also be looked upon. Lastly, the European Union’s approach to improving corporate governance will be addressed. We will compare the European Union’s approach to board structure, responsibility for financial statements and auditors with the Sarbanes-Oxley Act.
"Corporate Governance in the European Union Post-Enron,"
Bond Law Review:
1, Article 9.
Available at: http://epublications.bond.edu.au/blr/vol15/iss1/9