Following the Money

افزودن به بوکمارک اشتراک گذاری 0 دیدگاه کاربران 2 (1)

The Enron Failure and the State of Corporate Disclosure

مشارکت: عنوان و توضیح کوتاه هر کتاب را ترجمه کنید این ترجمه بعد از تایید با نام شما در سایت نمایش داده خواهد شد.

ترجمه این کتاب مشاهده همه کتاب های ترجمه نشده

Following the Money

The Enron Failure and the State of Corporate Disclosure

A few years ago, Americans held out their systems of corporate governance and financial disclosure as models to be emulated by the rest of the world. But in late 2001 U.S. policymakers and corporate leaders found themselves facing the largest corporate accounting scandals in American history. The spectacular collapses of Enron and Worldcom—as well as the discovery of accounting irregularities at other large U.S. companies—seemed to call into question the efficacy of the entire system of corporate governance in the United States. In response, Congress quickly enacted a comprehensive package of reform measures in what has come to be known as the Sarbanes-Oxley Act. The New York Stock Exchange and the NASDAQ followed by making fundamental changes to their listing requirements. The private sector acted as well. Accounting firms—watching in horror as one of their largest, Arthur Andersen, collapsed after a criminal conviction for document shredding—tightened their auditing procedures. Stock analysts and ratings agencies, hit hard by a series of disclosures about their failings, changed their practices as well. Will these reforms be enough? Are some counterproductive? Are other shortcomings in the disclosure system still in need of correction? These are among the questions that George Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer address in Following the Money. While the authors agree that the U.S. system of corporate disclosure and governance is in need of change, they are concerned that policymakers may be overreacting in some areas and taking actions in others that may prove to be ineffective or even counterproductive. Using the Enron case as a point of departure, the authors argue that the major problem lies not in the accounting and auditing standards themselves, but in the system of enforcing those standards. Rather than attempting to craft a single set of accounting and reporting standards for all companies throughout the world, the authors advise policymakers to allow competition between the two major sets of standards: Generally Accepted Accounting Principles and International Financial Reporting Standards. The authors also believe that the corporate disclosure system needs to be updated to reflect changes in the underlying economy. In particular, they recommend new forms of disclosure for a variety of nonfinancial indicators to better enable investors and analysts to ascertain the source and nature of intangible assets. They also urge policymakers to exploit the advantages of the Internet by encouraging more frequent financial disclosures in a form that will make them more widely accessible and more easily used.

لغو

گزارش تخلف

مغایرت عنوان کتاب با توضیحات و تصویر جلد
عدم رعایت حقوق نشر طبق قوانین جمهوری اسلامی ایران
محتوای مستهجن
توهین به قومیتها و محتوای نژادپرستی
توهین به اقیلیتهای مذهبی
اهانت به مقامات سیاسی و مذهبی
اشاعه ی کودک آزاری
سایر موارد

بستن

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2003

نویسنده

Alfred Wagenhofer

ناشر

Brookings Institution Press and AEI

شابک

9780815708902

20,000 تومان

خرید کتاب مطالعه نمونه درخواست ترجمه کتاب

خرید کتاب Following the Money

Following the Money

گزارش تخلف

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2003

نویسنده

ناشر

شابک

کتاب های مرتبط

Global Development Finance

Global Development Finance 2006

Turbulent Waters

Reining in the Competition for Capital

Curbing the Boom-Bust Cycle

Capital Flows and Foreign Direct Investments in Emerging Markets

From Capital Surges to Drought

<div class=vernacular lang="ru">Российская модель экспорта капитала : Монография /</div> Rossiĭskai︠a︡ modelʹ ėksporta kapitala : Monografii︠a︡

Advances in International Investments

International Finance and Open-Economy Macroeconomics

Kapitaldisposition, Kapitalflußrechnung und Liquiditätspolitik

Geld ohne Wert : Grundrisse zu einer Transformation der Kritik der politischen Ökonomie

Capital Controls, Exchange Rates, and Monetary Policy in the World Economy

Globalizacion e historia

Crisis Prevention and Prosperity Management for the World Economy

Following the Money

Illicit Financial Flows

International Finance and Open-Economy Macroeconomics

The Rise of the State

The Political Economy of International Capital Mobility

Financial Globalization and the Emerging Market Economy.

دیدگاه کاربران