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Topic: History
Number of pages / Number of words: 4 / 921
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All sorts of organizations represent the citizens and do for them what

they are not able or willing to do for themselves. Police, fire fighters, politicians, teachers, and many other government and non-government groups take upon themselves certain public responsibilities. And they are expected to take their duties seriously...


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And they are expected to take their duties seriously. Failure to do so can cause loss of employment and credibility, and in Enron's case, prison terms.

A board of directors is no different. It is supposed to act on behalf of shareholders. Directors are also aware that their actions, or their failure to act, can have serious consequences beyond merely the shareholders, to whom they are primarily responsible...


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