The collapse of Enron has raised the question of the adequacy of the U.S. system of corporate disclosure to ensure the dissemination of reliable and relevant financial and other corporate information. In the wake of the Enron debacle, Congress, the Securities and Exchange Commission, and the Financial Accounting Standards Board (FASB) have been considering reforms to prevent future “Enrons."

This public forum will feature the preliminary results of a new analysis of corporate disclosure rules for the AEI-Brookings Joint Center, co-authored by George Benston of Emory University, Michael Bromwich of the London Business School, Robert Litan of the Joint Center, and Alfred Wagenhofer of Karl-Franzens-Universitaet Graz in Austria.