Investing in newly industrializing economies: Managerial lessons from the Enron controversy

Authors
Citation
C. Gopinath, Investing in newly industrializing economies: Managerial lessons from the Enron controversy, LONG RANG P, 32(3), 1999, pp. 344-351
Citations number
14
Categorie Soggetti
Management
Journal title
LONG RANGE PLANNING
ISSN journal
00246301 → ACNP
Volume
32
Issue
3
Year of publication
1999
Pages
344 - 351
Database
ISI
SICI code
0024-6301(199906)32:3<344:IINIEM>2.0.ZU;2-I
Abstract
The Enron Corporation of the USA negotiated with the Government of India a major power generation project that soon got embroiled in controversies rel ating to technical, economic, political and environmental considerations. T he project was widely looked upon as a bell-wether for infrastructural inve stment in India. The article reviews the case from the perspective of stake holder management and derives lessons for prospective investors targeting e merging economies. (C) 1999 Elsevier Science Ltd. All rights reserved.