answersLogoWhite

0

To prevent the Enron scandal, stronger regulatory oversight and enforcement could have been implemented to ensure transparency in financial reporting. The establishment of stricter ethical guidelines and corporate governance practices within the company might have deterred unethical behavior. Additionally, promoting a culture of accountability and whistleblower protection could have encouraged employees to report irregularities without fear of retribution. Finally, limiting the complexity of financial instruments and requiring clearer disclosures would have made it harder for fraudulent activities to go unnoticed.

User Avatar

AnswerBot

21h ago

What else can I help you with?

Related Questions

What could have been done to avoid the enron scandal?

there should have been more governmental regulation and reviews of large corporations, like Enron.


Why do you admire Bill Clinton?

you could have been born in Hope, Arkansas(where he is from.). you could always just not,cause he did you know, lie about a scandal.


Which segment of its operations got Enron into difficulties?

1. Which segment of its operations got Enron into difficulties? 2. Did Enron's directors understand how profits were being made in this segment? Why and why not? a. Enron's directors realized that Enron's conflict of interests policy would be violated by Fastow's proposed SPE management and operating arrangements because they proposed alternative oversight measures. What was wrong with their alternatives? 3. Ken Lay was the chair of the board and the CEO for much of the time. How did this probably contribute to the lack of proper governance? 4. What aspects of the Enron governance system failed to work properly and why? 5. Why didn't more whistleblowers come forward, and why didn't some make significant difference? How would whistleblowers have been encouraged? 6. What were the common aspects that were necessary for the Enron and WorldCom debacles to occur? 7. What actions by directors, executives and professional accountants could have prevented the Enron and WorldCom Debacles 8. Was the enactment of the Sarbanes-Oxley Act (SOX) necessary? Why or why not? 9. What are the three most important improvements in the governance structure that could result from Enron from SOX? 10. What is wrong with Enron's bank financing transactions they knew were without economic substance? 11. How should boards of directors change incentive remuneration schemes for executives to lessen the risk of motivating executives to risk manipulations to enrich themselves 12. What lessons you could learn from reviewing the cases?


Where could a person find out if any Tesco quick meals have been implicated in the horse meat scandal?

The Food Safety Authority of Ireland announced that Tesco supermarkets have removed beef products from their shelves in light of the scandal. The Guardian newspaper has published detail reports of the scandal.


What could have been done to prevent this tragedy from occurring?

Brain cells


Did the Watergate Scandal affect Nixon's re election chances?

No- the scandal broke after Nixon had already been re-elected/


Could more have been done to prevent the Pompeii destruction?

no!, they were all buggered!


What could have been done to prevent violence in kansas in the 1850's?

By making a fire.


What could have or should have been done to prevent extinction of the Truffula trees?

idnt knw


Is it true that Heineken was involved in a scandal related to dog fighting?

No, there is no evidence to suggest that Heineken has been involved in any scandal related to dog fighting.


Did anyone recommend a sell for Enron before it failed?

According to an article published in the Los Angeles Times in January, 2002, an investor known to specialize in short-selling, named James Chanos, was a prominent critic of Wall Streets valuation of Enron. While his claims received little attention, Chanos began to publicly challenge the reports of Enron's profitability. He began to short Enron stock in early 2001--well ahead of the collapse--and, throughout 2001, a small number of investors began to follow his lead. By December 2, 2001, Enron had declared bankruptcy, thus fueling the ongoing debate about whether investors had been duped, or simply weren't paying attention to the proper indicators.


What could have been done to prevent in 1884 Bhopal?

Better management could have prevented the Bhopal gas tragedy. It happened in 1984 not 1884.