1. Corporate Governence
... to the Enron collapse. On March 14, 2002 Arthur Anderson was charged federally with obstruction of justice. This was brought on, not even a year after, the firm paid $110 million dollars to settle a suit brought on by shareholders of Sunbeam stock for alleging fraud in the company audit. Directors who fail to succeed in their requirements and CEO's who act unethically ... suggestion is for shareholders to lobby to get these boardrooms open. The article also discusses enacting board membership regulations. Examples are: requiring members to resign after 10 years or at the age of 70, and ...
- Word Count: 1193
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate