The Enron Story and Environmental Policy

Environmental Law Reporter, Vol. 33, 10483, 2003

20 Pages Posted: 9 Jan 2012  

Victor Byers Flatt

University of North Carolina (UNC) at Chapel Hill - School of Law; University of Houston Global Energy Management Institute

Date Written: December , 2003

Abstract

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.

Keywords: environment, environmental policy, regulation, economic incentives, Enron, accounting, self-enforcement

JEL Classification: D21, K23, K42, L51

Suggested Citation

Flatt, Victor Byers, The Enron Story and Environmental Policy (December , 2003). Environmental Law Reporter, Vol. 33, 10483, 2003. Available at SSRN: https://ssrn.com/abstract=1981738

Victor Byers Flatt (Contact Author)

University of Houston Global Energy Management Institute ( email )

Houston, TX 77204-6021
United States

University of North Carolina (UNC) at Chapel Hill - School of Law ( email )

Van Hecke-Wettach Hall, 160 Ridge Road
CB #3380
Chapel Hill, NC 27599-3380
United States

HOME PAGE: http://www.law.unc.edu/faculty/directory/details.aspx?cid=1022

Paper statistics

Downloads
62
Rank
290,937
Abstract Views
2,685