The Reasons Behind a Corporate Collapse: A Case Study of Enron
15 PagesPosted: 6 Sep 2011
Date Written: September 6, 2011
The 21st century has already experienced main reforms in the major corporate structures. The Surbanes Oxley Act 2002 in USA and the Higgs and Smith reports (2003) in UK have brought paramount reforms in the two major corporate systems. These reforms were made following the major corporate collapses like Enron, WorldCom, Adelphia, Global Crossing, K. Mart and Parmalat. Among these corporate collapses Enron is deemed to be the greatest tragedy in corporate history. This article examines the reasons behind a corporate collapse and point out the possible discrepancies. The example of the fallout of Enron is taken to explain a corporate collapse.
Suggested Citation:Suggested Citation
Khan, Dr. Asif, The Reasons Behind a Corporate Collapse: A Case Study of Enron (September 6, 2011). Available at SSRN: https://ssrn.com/abstract=1923277 or http://dx.doi.org/10.2139/ssrn.1923277
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