1. Auflage - Juni 2003
31,90 Euro
2003. 352 Seiten, Hardcover
- Handbuch/Nachschlagewerk -
ISBN-10: 0-471-43002-1
ISBN-13: 978-0-471-43002-5 - John Wiley & Sons

Preis inkl. Mehrwertsteuer zzgl. Versandkosten.







Kurzbeschreibung
The failure of seemingly indestructible companies such as Enron have led to a great misunderstanding of the markets, as well as hasty calls for stricter regulations. Corporate Aftershockhas been written as a reasoned, informed response to the numerous proposals to restrict derivatives and other activities following Enron's failure. This book presents a cogent analysis of the public policy world after Enron, what is likely to happen, as well as what should happen based on a balanced economic analysis standpoint.

Aus dem Inhalt
About the Editors.

About the Contributors.

Preface (Christopher L. Culp).

Acknowledgments.

Introduction (William A. Niskanen).

Editors' Note.

PART I. CORPORATE INNOVATION AND GOVERNANCE.

1. Empire of the Sun: A Neo-Austrian Economic Interpretation of Enron's Energy Business (Christopher L. Culp and Steve H. Hanke).

2. Corporate Accounting after Enron: Is the Cure Worse Than the Disease? (Richard Bassett and Mark Storrie).

3. Corporate Governance: Pre-Enron, Post-Enron (Alton B. Harris and Andrea S. Kramer).

PART II. ENERGY AND DERIVATIVES MARKETS AFTER ENRON.

4. Wholesale Electricity Markets and Products after Enron (Andrea M. P. Neves).

5. Regulation of Wholesale Electricity Trading after Enron (Andrea S. Kramer, et al.).

6. Online Trading and Clearing after Enron (John Herron).

7. Do Swaps Need More Regulation? (David Mengle).

PART III. STRUCTURED FINANCE AFTER ENRON.

8. An Introduction to the Business of Structured Finance (Barbara T. Kavanagh).

9. Structured Commodity Finance after Enron: Uses and Abuse of Prepaid Forwards and Swaps (Christopher L. Culp and Barbara T. Kavanagh).

10. Accounting and Disclosure Issues in Structured Finance (Keith A. Bockus, et al.).

PART IV. CREDIT RISK MITIGATION AFTER ENRON.

11. Credit Risk Management Lessons from Enron (Christopher L. Culp).

12. Credit Derivatives Post-Enron (Andrea S. Kramer and Alton B. Harris).

13. The Market for Complex Credit Risk (Paul Palmer).

PART V. REGULATING CORPORATE INNOVATION AFTER ENRON.

Chapter 14. Cowboys versus Cattle Thieves: The Role of Innovative Institutions in Managing Risks along the Frontier (Fred L. Smith, Jr.).

References.

Index.