Case Questions:
Problem 1: Which parts of the corporate governance system, internal and external, do you believe failed Enron the most?
Problem 2: How do you think each of the individual stake holders and components of the corporate governance system should have either prevented the problems an Enron or acted to resolve the problems before they reached crisis proportions?
Problem 3: If all publicly traded firms in the United States are operating within the same basic corporate governance system as Enron, why would some people believe this was a isolated incident, and not an example of many failure to come?