Enron utilized special purpose entities spe in the cayman, Ask an Expert

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Enron utilized Special Purpose Entities (SPE) in the Cayman Islands to significantly improve its sales and income. AIG and others have used offshore insurance contracts to “smooth out” their earnings. Is it unethical if these corporations enter into a contract with a non-related corporation to accomplish these goals? Explain.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91271662

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