Forskningspapir gennemgår Enron sagen og fremhæver, hvad der gik galt i henseende til corporate governance kvaliteten.
Blandt andet oplyses det, at ”First, it provides jaw-dropping examples of problematic governance conduct from which no board, at any time, is safely immune. As chronicled in the report of its own Special Investigations Committee (the so-called “ Powers Report ”), the Enron board—once acclaimed for its performance—committed a series of significant failures of oversight with respect to the fatal related party transactions. These failures were grounded in the “flawed” decision to proceed with the concept of related party transactions with the CFO. Indeed, as the Powers Report noted, the need for such an extensive set of controls and procedures to address transaction related conflicts suggested that the transactions should never have been approved in the first place.”
