Environmental Law Reporter, Vol. 33, 10483, 2003
20 Pages Posted: 9 Jan 2012
Date Written: December , 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.
Keywords: environment, environmental policy, regulation, economic incentives, Enron, accounting, self-enforcement
JEL Classification: D21, K23, K42, L51
Suggested Citation: 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