エンロン事件 : CSR完全欠落の事例研究(統一論題『経営倫理とCSR』)

概要

論文の詳細を見る
In the capitalist market economy savings, which seek capital gain and dividend, are channeled to business enterprises, which need financial resources for business creation and expansion. Capital markets play a key role in this circulation of financial resources. Investor's decision depends on the information that is publicly available and it is theoretically assumed that business enterprises publicly disclose full and complete information of their present and future value. In actuality, however, the financial disclosure is not always full and complete. It might intentionally hide information implying risk for investors. When ENRON boasted "tremendous opportunities for growth" in the 2000 annual report, it was already known to the insiders that their overseas ventures in the U.K., Azurix project and the Dabhol power plant in India had caused the corporation an enormous loss.
日本経営倫理学会の論文
2005-03-31