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What is a Board of Directors? ... and the "Enron" debacle where the public perceived that the Enron Board did not exercise due diligence in governing that corporation. ... Progressive and socially responsible organizations take that definition of accountability even further and see themselves as being responsible to "stakeholders" --
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managementhelp.org/boards/boards.htm
managementhelp.org/boards/boards.htm
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Bethany McLean, a 31-year-old Fortune magazine reporter with an impossibly soft voice, decided to take a hard look at Enron last January. ... "Enron was really a systemic failure of all the checks and balances we have on corporate governance: integrity of management, board of directors, audit committee of the board,
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www.washingtonpost.com/wp-dyn/articles/A64769-2002Jan17...
www.washingtonpost.com/wp-dyn/articles/A64769-2002Jan17.html
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But the Enron debacle threatens to make it a very contentious word as scared auditors suddenly decide that they should rein in corporations. ... Stock Options Role in Enron's Demise ... The Enron scandal shows that America can no longer take the pre-eminence of its accounting for granted. That is a far bigger concern than any...
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www.uflib.ufl.edu/businesslibrary/cases/enron.htm
www.uflib.ufl.edu/businesslibrary/cases/enron.htm
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The Enron debacle has proven that board positions no longer are honorariums. Gone are the days of passive boards and ... Boards must require accountability, and business leaders must take their responsibilities as board directors seriously. ... Arizona governor’s chief of staff steps down to accept new role...
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www.bizjournals.com/phoenix/stories/2002/05/06/editoria...
www.bizjournals.com/phoenix/stories/2002/05/06/editorial2.html
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"One valuable lesson in the CRRA/Enron debacle is that quasi-public authorities need more oversight and accountability," said Blumenthal. "These entities were originally created ... The CRRA should start anew with a fresh, reinvigorated board of directors that will take an active supervisory role in the CRRA's operations."
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www.ct.gov/ag/cwp/view.asp?A=1777&Q=283772
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This vacuum is the appropriate context for understanding the situation of Enron (otc: ... By and large, CEOs run their boards of directors and its committees--including the compensation committee--like other corporate departments and through their trade association, The Business Roundtable, were able in 1993 to...
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www.forbes.com/2002/02/11/0211opinion.html
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He also said he soon plans to strengthen the role of the board's independent directors. ... "These steps will take time, not too much time, and will further evidence our commitment to ... In addition, bankers from Merrill Lynch went before a Congressional committee recently to explain their role in the debacle at Enron Corp.
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www.cfo.com/printable/article.cfm/3005888
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IT IS STILL WAY TOO EARLY to conclude precisely what caused the Enron debacle -- ... Having spent three decades on corporate boards, I'm particularly interested in what Enron's colossal failure suggests about the role of its board in providing effective corporate governance. ... We seek outside directors who are truly independent.
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entrepreneur.com/tradejournals/article/84652740.html
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Executive Bio ; RICHARD A. CAUSEY; Executive Vice President and Chief Accounting Officer; Enron; He is involved in various charitable and civic activities in Houston including serving as member of the Board of Directors of the American Heart Association and the Brenda & John H. Duncan Rise School of Houston.
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www.apfn.org/enron/causey.htm
www.apfn.org/enron/causey.htm
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