Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Accounting Fraud (1)
- Antitrust (1)
- Bankruptcy (1)
- Business Law (1)
- Consumer welfare (1)
-
- Corporate Law (1)
- Creditor's bargain (1)
- ESG (1)
- Economy (1)
- Environment (1)
- FCC (1)
- FTC (1)
- Federal Communications Commission (1)
- Federal Trade Commission (1)
- Neo-Brandeisian (1)
- New Deal (1)
- Politics (1)
- Regulation (1)
- SEC (1)
- Securities Law (1)
- Securities Regulation (1)
- Securities and Exchange Commission (1)
- Shareholder primacy (1)
- Silo Busting (1)
- Stakeholderism (1)
- Stakeholders (1)
- Workers (1)
- WorldCom (1)
- Publication Type
Articles 1 - 2 of 2
Full-Text Articles in Securities Law
Stakeholderism Silo Busting, Aneil Kovvali
Stakeholderism Silo Busting, Aneil Kovvali
Articles by Maurer Faculty
The fields of antitrust, bankruptcy, corporate, and securities law are undergoing tumultuous debates. On one side in each field is the dominant view that each field should focus exclusively on a specific constituency—antitrust on consumers, bankruptcy on creditors, corporate law on shareholders, and securities regulation on financial investors. On the other side is a growing insurgency that seeks to broaden the focus to a larger set of stakeholders, including workers, the environment, and political communities. But these conversations have largely proceeded in parallel, with each debate unfolding within the framework and literature of a single field. Studying these debates together …
Responses By The Federal Communications Commission To Worldcom's Accounting Fraud, Warren G. Lavey
Responses By The Federal Communications Commission To Worldcom's Accounting Fraud, Warren G. Lavey
Federal Communications Law Journal
WorldCom's disclosure of billions of dollars of financial fraud on June 25, 2002 challenged the Federal Communications Commission ("FCC") in several major ways. The FCC proclaimed its commitment to enforce its rules to protect consumers against service discontinuance as well as the priority of rooting out corporate fraud. The FCC's rules required WorldCom to file accurate financial information and to show that it had financial and character qualifications necessary to hold FCC licenses. Despite numerous related proceedings and other actions in 2001 and early 2002, the FCC had not detected nor deterred WorldCom's fraud. After the disclosure, WorldCom continued its …