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Enron was founded in 1985 by Kenneth Lay within the merger of two natural gas transmission organizations, Houston Purely natural Gasoline Corporation and InterNorth, Inc.; the merged enterprise, HNG InterNorth, was renamed Enron in 1986. Following the U.S. Congress adopted a series of rules to deregulate the sale of organic gas within the early nineteen nineties, the company shed its unique proper to work its pipelines.
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Emphasize the primary accounting techniques Enron applied to hide its economic losses and inflate its gains.
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Focus on the lessons that contemporary companies can learn within the Enron scandal to enhance their corporate governance and ethical standards.
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