Sixt explains what he's learned from Enron

Voted Best CFO in Hong Kong once again in our investor poll, Hutchison Whampoa''s Frank Sixt discusses Enron.

In the wake of the Enron debacle, what are the new challenges for the CFO

The challenge is to maintain and continue to develop the trust that is so essential between the investing public and the management of the company. It becomes more difficult because there is more doubt around in the environment in general as a result of Enron and the other spectacular insolvencies we've seen in the last few months.

That's number one. Number two is a little more subtle. There will be a process of change as a result of this. I think there will be changes in the securities regulatory environment, changes in the disclosure environment, changes in the accounting environment,...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222