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Dear Prudence: Finding a Proper Balance in the Post-Enron Regulatory and Enforcement Arena

21 Pages Posted: 28 Jan 2006  

Craig M. Wasserman

Wachtell, Lipton, Rosen & Katz

Date Written: October 18, 2005

Abstract

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?"

Suggested Citation

Wasserman, Craig M., Dear Prudence: Finding a Proper Balance in the Post-Enron Regulatory and Enforcement Arena (October 18, 2005). Yale Law & Economics Research Paper No. 325. Available at SSRN: https://ssrn.com/abstract=879300

Craig M. Wasserman (Contact Author)

Wachtell, Lipton, Rosen & Katz ( email )

51 West 52nd Street
New York, NY 10019
United States

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