search query: @indexterm COMPANY CONTROL / total: 160
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| Author: | Cohan, J.A. |
| Title: | "I didn't know" and "I was only doing my job": has corporate governance careened out of control? A case study of Enron's information myopia |
| Journal: | Journal of Business Ethics
2002 : OCT II, VOL. 40:3, p. 275-299 |
| Index terms: | Company control Corporate governance Information Knowledge |
| Language: | eng |
| Abstract: | Internal dynamics of a firm that contributes to the failure of knowledge conditions are dicussed using the Enron scandal as a case study. Ability of the board to effectively monitor conduct at operational levels includes various dynamics: senior management being isolated from those at operational levels; individuals pursuing subgoals that are contrary to overall corporate goals; information flow along a narrow linear channel that effectively forecloses adverse information from getting to senior management; a corporate culture of intimidation; discouraging open expressions of doubt or skepticism, resulting in reluctance to challenge senior officials, and pushing the limits of ethics and the law. |
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