The Enron Story and Environmental Policy
Victor Byers Flatt
University of North Carolina (UNC) at Chapel Hill - School of Law; University of Houston Global Energy Management Institute
December , 2003
Environmental Law Reporter, Vol. 33, 10483, 2003
The Collapse of Enron provides and interesting lens through which to view environmental regulation. The selective alteration of regulations governing accounting and the offering of financial advice indicates that when business entities have an incentive to cheat, it is more likely that they will. The same applies to environmental regulation. Environmental regulations cannot count on self enforcement if it goes against other incentives of business activity.
Number of Pages in PDF File: 20
Keywords: environment, environmental policy, regulation, economic incentives, Enron, accounting, self-enforcement
JEL Classification: D21, K23, K42, L51
Date posted: January 9, 2012
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