What could have been done to prevent the Enron Scandal?

To prevent the Enron scandal, stronger regulatory oversight and enforcement could have been implemented to ensure transparency in financial reporting. The establishment of stricter ethical guidelines and corporate governance practices within the company might have deterred unethical behavior. Additionally, promoting a culture of accountability and whistleblower protection could have encouraged employees to report irregularities without fear of retribution. Finally, limiting the complexity of financial instruments and requiring clearer disclosures would have made it harder for fraudulent activities to go unnoticed.