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13020841049 Essay

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What are the reasons that led to the corporate governance failure in Enron? If the base of the building is not strong, then some day or the other it will fall. This is similar to Enron case because for any company the people in Top management is the base of the building, which formulates all the future plans, strategies, investment decisions and if the base is weak then the building can anytime fall like a pack of cards. Major causes of corporate governance failure in Enron :

1.Chairman & CEO :Board of directors is headed by the Chairman and the CEO heads the managemen...

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