Four Years After Enron: Assessing the Financial-Market Regulatory Cleanup
By Roy C. Smith, Ingo Walter
This article appeared in the Summer 2006 issue of The Independent Review

Immediately after the Enron bankruptcy, regulators, legislators, and prosecutors enacted a host of measures to punish corporate wrongdoers, stabilize financial markets, and improve corporate governance systems. But their efforts were better suited for ameliorating public outrage than for preventing fraud by the relatively few corporations that commit it.


Other Independent Review articles by Roy C. Smith
    Fall 2016   Is China the Next Japan?
    Spring 2016   Understanding a Cuban Transition
    Summer 2013   The Agony of the Euro
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Other Independent Review articles by Ingo Walter
    Spring 2016   Understanding a Cuban Transition



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