analyze the culture of Enron and consider how it played a role in the downfall of Enron. Also, consider how this culture developed in the first place.

Respuesta :

In Enron's case, its corporate culture played an important role of its collapse. It was culture of greed and moneymaking – In Enron, greed was good and money was God

What is Enron's case?

The Enron scandal was a series of events involving questionable accounting practices that resulted in the bankruptcy of Enron Corporation and the dissolution of the accounting firm Arthur Andersen.

The Enron scandal was an accounting scandal involving Enron Corporation, a Houston-based American energy company.

Following the Enron scandal, a slew of new regulations and legislation aimed at improving the accuracy of financial reporting for publicly traded companies was enacted. The Sarbanes-Oxley Act of 2002 imposed severe penalties for destroying, falsifying, or altering financial records.

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