The Role of Independent Directors and Audit Committee in Corporate Governance--- A Case Study of Enron Corporation

DOI

10.2991/assehr.k.220401.175How to use a DOI?

Keywords

Audit Board; Independent Directors; Corporate Governance

Abstract

This work examines the effectiveness of audit Board and Independent Directors, focusing on their responsibilities in reporting. In particular, it uses a comprehensive institutional perspective to incorporate the dynamics of institutional formers and organizations and identify issues arising from the introduction of internationally accepted governance mechanisms. The findings show that institutional environment does not yet fully support the concept of imports. The implementation of audit committees and independent directors seems to be largely symbolic, as these concepts are rarely as a tool to improve the quality of reporting. They also showed how conflicting institutional pressures form a loose bond between regulation and actual operation, intertwined with conflicts of interest and power dependence of organizational participants in institutional environment.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yuntao Yu
AU  - Qi Yuan
AU  - Yuyue Chen
AU  - Zixuan Wang
PY  - 2022
DA  - 2022/04/08
TI  - The Role of Independent Directors and Audit Committee in Corporate Governance--- A Case Study of Enron Corporation
BT  - Proceedings of the 2022 International Conference on Social Sciences and Humanities and Arts (SSHA 2022)
PB  - Atlantis Press
SP  - 909
EP  - 913
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220401.175
DO  - 10.2991/assehr.k.220401.175
ID  - Yu2022
ER  -