Corporate Governance Questions: Financial Failure and Governance TheoriesCLARKE, T., 2005. Accounting for Enron: shareholder value and stakeholder interests. Corporate Governance: An International Review. 13(5), pp. 598-612. (Although this article is from 2005 it explains the issue around agency theory and remoteness of shareholders and board of directors really well.) Question 1: The article discusses that the Enron experience challenged core beliefs and practices and also that “the market has become […]




