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Enron, WorldCom, Andersen et al.: A challenge to modernity

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Enron, WorldCom, Andersen et al. A challenge to modernity. / Unerman, J.; O'Dwyer, B.

In: Critical Perspectives on Accounting, Vol. 15, No. 6-7, 08.2004, p. 971-993.

Research output: Contribution to journalJournal article

Harvard

Unerman, J & O'Dwyer, B 2004, 'Enron, WorldCom, Andersen et al. A challenge to modernity', Critical Perspectives on Accounting, vol. 15, no. 6-7, pp. 971-993. https://doi.org/10.1016/j.cpa.2003.04.002

APA

Unerman, J., & O'Dwyer, B. (2004). Enron, WorldCom, Andersen et al. A challenge to modernity. Critical Perspectives on Accounting, 15(6-7), 971-993. https://doi.org/10.1016/j.cpa.2003.04.002

Vancouver

Unerman J, O'Dwyer B. Enron, WorldCom, Andersen et al. A challenge to modernity. Critical Perspectives on Accounting. 2004 Aug;15(6-7):971-993. https://doi.org/10.1016/j.cpa.2003.04.002

Author

Unerman, J. ; O'Dwyer, B. / Enron, WorldCom, Andersen et al. A challenge to modernity. In: Critical Perspectives on Accounting. 2004 ; Vol. 15, No. 6-7. pp. 971-993.

Bibtex

@article{6269a16693824639b66180f3d704636a,
title = "Enron, WorldCom, Andersen et al.: A challenge to modernity",
abstract = "This paper uses the lens of Anthony Giddens' theories regarding the mechanisms which sustain late-modernist societies [The Consequences of Modernity, Polity Press, Cambridge, 1990; Modernity and Self-Identity, Polity Press, Cambridge, 1991] to analyse the 2001 and 2002 accounting and audit failures at Enron, WorldCom and Andersen. Assessments of risk and trust play a central role in Giddens' model, and this paper traces an escalating withdrawal of trust in systems of audit and accounting, and related increased perceptions of risk in corporate investment instruments. It also analyses regulatory responses aimed at sustaining or regaining public trust, and argues that failure to sustain such trust risks compromising the continued momentum of late modernity and the interests of people who benefit from institutions of late modernity. {\textcopyright} 2004 Elsevier Ltd. All rights reserved.",
keywords = "Andersen, Enron, Giddens' mechanisms of modernity, Trust in accounting and audit, WorldCom",
author = "J. Unerman and B. O'Dwyer",
year = "2004",
month = aug
doi = "10.1016/j.cpa.2003.04.002",
language = "English",
volume = "15",
pages = "971--993",
journal = "Critical Perspectives on Accounting",
issn = "1045-2354",
publisher = "Academic Press Inc.",
number = "6-7",

}

RIS

TY - JOUR

T1 - Enron, WorldCom, Andersen et al.

T2 - A challenge to modernity

AU - Unerman, J.

AU - O'Dwyer, B.

PY - 2004/8

Y1 - 2004/8

N2 - This paper uses the lens of Anthony Giddens' theories regarding the mechanisms which sustain late-modernist societies [The Consequences of Modernity, Polity Press, Cambridge, 1990; Modernity and Self-Identity, Polity Press, Cambridge, 1991] to analyse the 2001 and 2002 accounting and audit failures at Enron, WorldCom and Andersen. Assessments of risk and trust play a central role in Giddens' model, and this paper traces an escalating withdrawal of trust in systems of audit and accounting, and related increased perceptions of risk in corporate investment instruments. It also analyses regulatory responses aimed at sustaining or regaining public trust, and argues that failure to sustain such trust risks compromising the continued momentum of late modernity and the interests of people who benefit from institutions of late modernity. © 2004 Elsevier Ltd. All rights reserved.

AB - This paper uses the lens of Anthony Giddens' theories regarding the mechanisms which sustain late-modernist societies [The Consequences of Modernity, Polity Press, Cambridge, 1990; Modernity and Self-Identity, Polity Press, Cambridge, 1991] to analyse the 2001 and 2002 accounting and audit failures at Enron, WorldCom and Andersen. Assessments of risk and trust play a central role in Giddens' model, and this paper traces an escalating withdrawal of trust in systems of audit and accounting, and related increased perceptions of risk in corporate investment instruments. It also analyses regulatory responses aimed at sustaining or regaining public trust, and argues that failure to sustain such trust risks compromising the continued momentum of late modernity and the interests of people who benefit from institutions of late modernity. © 2004 Elsevier Ltd. All rights reserved.

KW - Andersen

KW - Enron

KW - Giddens' mechanisms of modernity

KW - Trust in accounting and audit

KW - WorldCom

U2 - 10.1016/j.cpa.2003.04.002

DO - 10.1016/j.cpa.2003.04.002

M3 - Journal article

VL - 15

SP - 971

EP - 993

JO - Critical Perspectives on Accounting

JF - Critical Perspectives on Accounting

SN - 1045-2354

IS - 6-7

ER -