How to Avoid Another Enron is a crucial topic that has gained significant attention in the corporate world and among policymakers. The Enron scandal, which unfolded in the early 2000s, was a major financial scandal that led to the collapse of the Enron Corporation, an American energy company. The scandal involved accounting fraud, corporate malfeasance, and a lack of regulatory oversight, resulting in billions of dollars in losses for investors and employees. In the wake of the Enron scandal, there has been a concerted effort to understand the factors that led to its downfall and to develop strategies to prevent similar disasters in the future.
There are several key measures that can be taken to avoid another Enron. These include: