Enron fiasco: Business difficulty and the role of enron' directors

Abstract

Enron Corporation's high-profile collapses marked a new period for dramatic changes to corporate governance worldwide that mainly focuses on law reform to prevent, or al least mitigates, similar future corporate collapse. The paper investigates Enron's demise by addressing the two main aspects: Enron's business and the role of Enron's director in governing the Corporation, especially with the presence of dual role of the chairman and chief executive officer in its organisational structure.