Enron’s Collapse 20 Years Later—Lessons Not Learned

摘要

Enron, once touted as the most innovative American company, declared bankruptcy in Dec. 2001, exposing massive accounting and corporate fraud. University of Houston Law Center’sVictor B. Flatt says the lesson that effective government regulation aids wealth creation rather than hinders it remains largely unheeded, despite law such as Sarbanes-Oxley and otherpost-scandal reforms.