Enron Corporation's journey from a top energy company to its collapse due to an accounting scandal is a tale of corporate malfeasance. The company's aggressive culture under CEO Jeffrey Skilling and the use of dubious financial practices like SPEs led to its downfall. The scandal prompted the Sarbanes-Oxley Act, aiming to prevent similar corporate fraud.
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1
Enron once ranked as one of the top ______ and ______ suppliers in the U.S.
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2
______ was appointed as Enron's CEO to guide the company after the deregulation of the ______ market.
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3
Enron scandal exposure year
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4
Enron's financial illusion technique
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5
Enron's method for hiding debt
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6
At ______, the aggressive evaluation system called the ______ (PRC) became a tool that prioritized profit over ethics.
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7
Under CEO ______, about ______% of the workforce at Enron was routinely laid off, fostering a culture of fear and greed.
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8
Enron's hidden debt exposure
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9
SEC's role in Enron scandal
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10
Enron's stock value decline
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11
Post-Enron reforms by the ______ and other bodies stressed ethical behavior in financial reporting to enhance transparency and regain ______ trust.
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