Enron and Corporate Law in the U.S. and Canada
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The paper discusses how Enron changed everything. The paper asserts that the sudden collapse of that company threw thousands of people out of work, cost investors billions, and permanently marred the reputation of those at the top of the company's organizational flow-chart; it also, no less importantly, cast light upon the creative and dishonest ways in which corporations were "cooking the books" in order to inflate their revenues and, thus, their attractiveness to investors. The paper discusses how Enron made a fetish out of inflating its revenues through fanciful accounting practices - though the company would also embrace questionable (but legal) accounting practices.
Cite this Term Paper:
Enron and Corporate Law in the U.S. and Canada (2009, December 01) Retrieved December 07, 2019, from https://www.academon.com/term-paper/enron-and-corporate-law-in-the-us-and-canada-144186/
"Enron and Corporate Law in the U.S. and Canada" 01 December 2009. Web. 07 December. 2019. <https://www.academon.com/term-paper/enron-and-corporate-law-in-the-us-and-canada-144186/>