Dear Prudence: Finding a Proper Balance in the Post-Enron Regulatory and Enforcement Arena
Craig M. Wasserman
Wachtell, Lipton, Rosen & Katz
October 18, 2005
Yale Law & Economics Research Paper No. 325
This paper addresses how the expectations placed on corporate officers, agents and boards have soared in the aftermath of Enron, WorldCom and other recent high profile corporate scandals. In response, we have seen the adoption of sweeping legislative reform (Sarbanes-Oxley) and one of the most aggressive criminal and civil enforcement efforts against corporate managers and corporate entities in our country's history. The question now turns to "where should we go from here?"
Number of Pages in PDF File: 21
Date posted: January 28, 2006