Why the case of Enron falls into the Principal Agent framework

Business & Finance, Human Resources & Personnel Management
Cover of the book Why the case of Enron falls into the Principal Agent framework by Vicki Preibisch, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Vicki Preibisch ISBN: 9783638605908
Publisher: GRIN Publishing Publication: February 4, 2007
Imprint: GRIN Publishing Language: English
Author: Vicki Preibisch
ISBN: 9783638605908
Publisher: GRIN Publishing
Publication: February 4, 2007
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2006 in the subject Economics - Job market economics, grade: 2,3, University of Kassel, 30 entries in the bibliography, language: English, abstract: It is claimed that lucrative executive compensation packages have led to irresponsible risk taking and a decline in shareholder value. This research paper is an economic approach to analyse the relationship between principals and agents, whereby the focus lies on executive remuneration incentives. The paper uses the example of Enron's corporate failure to build a case for the principal-agent framework and analyses executive payment schemes. Aspects on the origins and possible solutions for the principal-agent relationship are looked into. The paper concludes that Enron's compensation scheme has led to its failure.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2006 in the subject Economics - Job market economics, grade: 2,3, University of Kassel, 30 entries in the bibliography, language: English, abstract: It is claimed that lucrative executive compensation packages have led to irresponsible risk taking and a decline in shareholder value. This research paper is an economic approach to analyse the relationship between principals and agents, whereby the focus lies on executive remuneration incentives. The paper uses the example of Enron's corporate failure to build a case for the principal-agent framework and analyses executive payment schemes. Aspects on the origins and possible solutions for the principal-agent relationship are looked into. The paper concludes that Enron's compensation scheme has led to its failure.

More books from GRIN Publishing

Cover of the book Mad Max - An Australian Cult Classic by Vicki Preibisch
Cover of the book Synonyms. A Semantic Study of Appointment and Engagement by Vicki Preibisch
Cover of the book Structures and challenges of Social Security and Welfare in Europe and the United States - a comparative essay by Vicki Preibisch
Cover of the book Can the UN reform itself? by Vicki Preibisch
Cover of the book 'I have a wyf, the worste that may be' - The representation of marriage in the Canterbury Tales by Vicki Preibisch
Cover of the book Types of Verb in English by Vicki Preibisch
Cover of the book Gender issues in the Pillow Book and the Essays in Idleness by Vicki Preibisch
Cover of the book 'Be nice or leave!' - Why is rap so violent? by Vicki Preibisch
Cover of the book A Summary of Intercultural Instruments Highlighting the Achievement of Total Intercultural Synergy by Vicki Preibisch
Cover of the book The oversight of the audit profession by Vicki Preibisch
Cover of the book Sociolinguistics of literature: Nonstandard English in Zadie Smith's White Teeth by Vicki Preibisch
Cover of the book The impact of a mega sports event for a nation by Vicki Preibisch
Cover of the book How 'Passing' is described in 'M. Butterfly' (D. H. Hwang) and 'Laughing to Keep From Crying' (Langston Hughes) by Vicki Preibisch
Cover of the book The remaining security gap by Vicki Preibisch
Cover of the book Individual vs. Society in Ken Kessey's Novel and Film 'One Flew Over the Cuckoo's Nest' by Vicki Preibisch
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy