On December 2, 2001, Enron Incorporated filed the largest bankruptcy in the history of the United States. The business failures of the company and its executives launched several federal investigations, the results of which led to the largest overhaul of United States commerce legislation since the 1930s. The Sarbanes-Oxley Act was enacted in 2002 to regulate the governance of corporate reporting, fair practices, and standards of ethical behavior. The act addresses much of the behavior that allowed the events at Enron to occur, but still leaves some problems unaddressed and causes a few others.
Nash, Margaret Grace, "The Answer to a Call for Reform: Enron, Incorporated and The Sarbanes-Oxley Act of 2002" (2006). Undergraduate Theses and Capstone Projects. 32.