British Businesses Cannot Rule Out 'UK Enron'
One in 10 (eight per cent) senior managers of private and public sector organisations believe that it is not possible to foresee an 'Enron' ever happening in the UK. These are the findings of a new MORI survey commissioned by business advisors RSM Robson Rhodes. The survey shows more than four-fifths (82%) think the UK is vulnerable to an Enron-style accounting scandal.
One in 10 (eight per cent) senior managers of private and public sector organisations believe that it is not possible to foresee an 'Enron' ever happening in the UK. These are the findings of a new MORI survey commissioned by business advisors RSM Robson Rhodes. The survey shows more than four-fifths (82%) think the UK is vulnerable to an Enron-style accounting scandal.
Technical details
The base for each question is "All Respondents" (162) unless otherwise stated. 94 clients and 68 non-clients of RSM Robson Rhodes were interviewed by MORI by telephone between 5 - 29 May 2003. All figures are percentages. Where figures do no add up to 100 per cent this is due to either computer rounding or to multiple answers being recorded.
Q To what extent do you agree or disagree with the following statements? Is that strongly or tend to?
| Strongly agree | Tend to agree | Neither agree nor disagree | Tend to disagree | Strongly disagree | Don't know / no opinion | |
|---|---|---|---|---|---|---|
| % | % | % | % | % | % | |
| It is not possible to foresee an "Enron" ever happening in the UK | 1 | 7 | 7 | 47 | 35 | 3 |
| The "official" response to Enron, such as the Higgs review, will greatly improve UK corporate governance | 1 | 26 | 25 | 24 | 9 | 15 |
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