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Assigning the Blame for the Enron Débâcle

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Management Risk
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Abstract

Victory, says an old proverb, has many fathers, but defeat has none. Enron ended in defeat. Who was responsible for its débâcle? “Its management,” is an obvious answer, but it will be short-sighted if limited to its top brass. Even an answer which says: “all of the company’s management,” is partial.

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Notes

  1. See D.N. Chorafas, Managing Derivatives Risk, Burr Ridge, IL, Irwin Professional Publishing, 1996.

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  2. See D.N. Chorafas, Managing Derivatives Risk, Burr Ridge, IL, Irwin Professional Publishing, 1996.

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  3. D.N. Chorafas, Alternative Investments and the Mismanagement of Risk, London, Euromoney, 2002.

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  4. D.N. Chorafas, Alternative Investments and the Mismanagement of Risk, London, Euromoney, 2002.

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  5. D.N. Chorafas, Outsourcing, Insourcing and IT for Enterprise Management, London, Palgrave Macmillan, 2003.

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© 2004 Dimitris N. Chorafas

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Chorafas, D.N. (2004). Assigning the Blame for the Enron Débâcle. In: Management Risk. Palgrave Macmillan, London. https://doi.org/10.1057/9781403948106_8

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