Talk about the role played by Enron’s board of directors in the business’s company governance failures And exactly how they could have acted differently to stop the scandal.
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Moreover, Countless personnel had been laid off. On June 15, 2002, Arthur Andersen was identified responsible of shredding proof and missing their license to have interaction in public accounting. A few yrs later, Andersen’s legal professionals successfully persuaded the U.S. Supreme Court to unanimously overturn the obstruction of justice verdict on the basis of defective jury Guidance. But by then, there was absolutely nothing remaining of the organization past two hundred staff members controlling its lawsuits.
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