Many of those changes happened because of mergers, however -- a phenomenon that says little about the behavior of executives and directors.
Enron's collapse and the issues it raises -- disclosure, reliability of audited financial records, behavior of executives, analysts' independence, pension plan regulations -- are no longer the stuff of Wall Street, the rich or the financial press.
"It's hard for me to interpret the behavior of ABC executives," said Mr. Berg.
"I saw people who put 15 years of service into the company get laid off in a day because of the irresponsible behavior of corporate executives," he said.
3. Honor Thy Shareholders Boards of public corporations are supposed to protect the interests of shareholders, partly by monitoring the behavior of top executives, who are employees, not emperors.
Mr. Kransky's lawyers, citing what they described as the unethical behavior of DePuy executives in failing to warn doctors and patients of the device's defects, asked jurors to punish Johnson & Johnson by awarding their client $36 million to $144 million.
During last week's hearing, James Murdoch was asked if he was familiar with the term "willful blindness," which was used to describe the behavior of senior executives at Enron who averted their eyes from wrongdoing.
For these regional companies, there is a window of opportunity right now: their biggest app-based rival, Uber — currently valued at $60 billion and active in hundreds of markets with a variety of services — has been facing a huge wave of negative publicity on the back of multiple reports about how it runs its business and the behavior of its executives.
During hearings to grant approval of the merger, Oregon utility commissioner Joan Smith grew so tired of what she considered the condescending behavior of Enron executives that she reminded them she and her colleagues "didn't just fall off a turnip truck".
"This will instill a fear of criminal liability, and that will change the behavior of the executive branch of government".
He said that it was always difficult to raise questions about the behavior of the executive branch in wartime.
