Thesis (MBA)--Stellenbosch University, 2004. / The Study Project is entitled: "Corporate Governance and the fall of Enron",
Concepts like corporate government have been developed and created due to needs of owners
and society to supervise management but more importantly influence the direction of
companies.
The term "corporate governance" derives from an analogy between the governments of
cities, nations or states and the governance of corporations. The early corporate finance
textbooks saw "representative government" (Mead 1922:31) as an important advantage of the
corporation over partnerships but there has been and still is little agreement on how
representative corporate governance really is, or whom it should represent.
The analogy between corporate and political voting was explicit in early corporate charters
and writings, dating back to the revolutionary origins of the American corporation and the
first railway corporations in Germany (Dunlavy 1998). The precise term "corporate
governance" itself seems to have been used first by Richard Eells (1960, p.l08), to denote
"the structure and functioning of the corporate polity".
An important objective of this Study Project was to investigate the case study of Enron, why it
failed and the outcome relating to Corporate Governance in the future. A review of the
activities by Enron was done in order to determine the possible reasons of its failure.
To achieve the above, it was determined that qualitative, investigative research would be
conducted, rather than a quantitative, numerative approach. The research methodology used
in this Study Project of a secondary research. Secondary research, in the form of an in-depth,
global literature review was conducted on the topic.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/49841 |
| Date | 03 1900 |
| Creators | Corbellari, Max |
| Contributors | Esterhuyse, Willie, Stellenbosch University. Faculty of Economic and Management Sciences. Graduate School of Business. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | en_ZA |
| Detected Language | English |
| Type | Thesis |
| Format | 57 p. |
| Rights | Stellenbosch University |
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