What caused the U.S. Congress, the OECD, the International Federation of Accountants, and other organizations to enact stricter rules on corporate governance in recent years?

Question

Quizplus · Accepted Answer

The enactment of stricter rules on corporate governance in recent years was caused by high-profile corporate scandals like Enron, WorldCom, and Tyco that occurred in the early 2000s. These scandals highlighted the need for better oversight mechanisms to protect shareholders and prevent unethical practices in corporate management.

What Caused the U