By: poncio on Venerdì 01 Febbraio 2002 21:44
Ho trovato questo:
Corporate Finances Come under Scrutiny in Wake of Enron Collapse
Jan 31, 2002 (The Charlotte Observer - Knight Ridder/Tribune Business News via
COMTEX) -- U.S. companies, including those in the financial and energy sectors,
are receiving closer scrutiny from analysts, investors and regulators after
accounting problems that surfaced at energy trader Enron Corp. and other
corporations.
Many stocks plunged Tuesday on what analysts said were investor jitters about
companies with complicated accounting practices. On Wednesday, the markets rose,
a day after investors fled some companies that had any hint of flawed
accounting, such as Tyco International Ltd., General Electric Co., AOL Time
Warner Inc. and Cendant Corp.
While most companies keep good books, investors are looking closer for potential
problems, said John Rich, chief investment officer for U.S. Trust Co. of North
Carolina.
"The lightning rod of the whole thing is Enron," Rich said. "You have a big
corporation where you're calling into question the ethics and practice of
corporate governance through its accounting firm. As an investor, I really want
transparency and straightforwardness; ethical, accurate, fair and fully
disclosed accounting statements."
