The costs of greater convienence and greater luxury

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Reference no: EM132195086

1. Is life becoming more dangerous? Is greater fear one of the costs of greater convienence and greater luxury? How can we regulate business—if we should—to manage the escalating risks created by mushrooming production?

2. One commentator described the Enron—Arthur Anderson debacle as “the half-full problem”—the tendency for analysts to insist that the glass is half-full rather than half-empty. How can financial managers both stimulate financial success and yet be wary of the dangers of excessive optimism? Is there a place for optimism in accounting? In the sale of derivatives?

3. How might regulation and finance ethics have helped to prevent the crisis of 2009–2010? Can you make a list of ten good reasons to control the flow of money regulate themselves? Can they do so?

Reference no: EM132195086

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