Discuss the below:
Review the Enron Case study
Enterprise Risk Management book by James Lam.
Question:
Do an analysis of the Fall of Enron case study by addressing the following questions:
a. What were the main underlying causes of the fall of Enron?
b. If the Sarbanes Oxley act had been in place at the time, do you think Enron would have still fallen?
c. If Enron had adopted the main recommendations of the Dey Report, would have things been different at Enron?
d. What lessons from the Fall of Enron are applicable for financial institutions? Are there any lessons that might be specific to Canadian financial institutions?
e. Could a "Fall of Enron" type event happen at a Canadian Financial Institution - why or why not?