| 单词 | Enron |
| 释义 | EnronDefinition Former energy corporation that is considered the staple example for corporate corruption and accounting fraud. In 2001 it was uncovered that the company had position itself as a leader in the industry by falsifying accounting records company wide. The company filed for bankruptcy after the revelation and as of 2007 has sold the majority of its remaining assets. A number of company executives were also forced to pay stiff fines for their involvement in the accounting scheme. Use 'Enron' in a SentenceI would never work for Enron, or any huge corporation like that because I was a simple farm man and didn't want anything to with big business. You want to make sure that your corporation is legit and doing things the right way so you don't end up like enron. Enron was an example of a company who perfected the guise of off balance sheet accounting, they showed what not to do. |
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