Using Enron as the touchstone, bus. authorities Elliot & Schroth show investors how to think about & measure the candor of corp., the Wall Street players, & their supporters.
The collapse of Enron is definitive proof that the way companies are run -- the gap between what they say is reality & what is really the case -- is frightening. And this gap has severe implications for millions of people who are employees of & investors in these companies.
How Companies Lie shows investors the questions that need to be asked to get a handle on the performance reality of companies. In return, corp. America must answer these questions with the true facts of corp. performance & value. ''There are ways for investors to spot corp. smoke & mirrors & challenge the players.''