Category: Enron

Enron and Risk Analysis Theory Enron: The Smartest Guys in the Room is considered to be a documentary film about the collapse of the greatest world corporation; it was presented to the public in 2005, demonstrating a closer look at the criminal traits of the companys executives and depicting one of the greatest business scandals…

Analysis of Enron Companys Financial Fraud Case Corporate culture defines communication between employees and leaders and approaches to problem-solving. A corporate culture based on ethical principles ensures open and honest interaction of all parties helps effectively respond to any changes in the internal and external environment. However, the corporate cultures lack of ethical principles leaves…

Ethics Matrix: Sarbanes Oxley Act and Enron Scandal Regulatory Requirements Enrons Scandal Factors Members of the Boards of Directors it is prohibited to extend loans to subsidiary companies (Neblett, 2003); auditing financial statements should be performed by the audit committee under a companys board of directors (or by the board of directors itself); audit committee…

Enron Scandal: Financial Fraud and Organizational Behavior Abstract Statement of Purpose The goal of this research paper is to identify the problems in the organizational behavior (OB) standards accepted at Enron, as well as to locate the connection between the financial fraud that led to the companys untimely demise and the flaws in the companys…

Enron Companys Whistleblowing Scandal Table of Contents Introduction The Enron Case Internal Whistleblowing The Morality of Watkinss Actions Conclusion References Introduction Whistleblowing is conducted in accordance with Frankenas four basic requirements for ethics that include avoiding evil, preventing evil, eliminating evil, and doing good (Grace & Cohen, 2010). In that regard, whistleblowing is more about…

The Enron Company Management Analysis «Cooker jar reserves» concept The cooker jar reserves was a strategic technique that was used by Enrons management to save what they had earned from a rainy day using the means of storing extra earnings in reserves. The term reserves from the cookie jar may also refer to a firms…

Case Write Up, Enron and WorldCom Table of Contents Introduction Enron WorldCom Capital Market Assess and Participation Market Dynamics and Regulatory Oversight Leadership and Organizational Culture Conclusion References Introduction Recent years, companies pay more and more attention to business ethics and problems caused by violation of ethical and moral rules. The law is a guarantor…

Causes and Consequences of the Enron Scandal Among the many financial scandals that rocked the world before 2001, the worst was the Enron Disaster. U.S Company Enron, which began as a small Midwestern gas pipeline company in 1985, spiraled into the worlds biggest energy trader by May 2001. Its dramatic collapse began in July 2001…

Enrons Example of Corporate Social Responsibility Table of Contents Enron case study Truth and disclosure Fiduciary duties of the directors and managers Bribes and gifts The agent principle relationship Whistle blowers Conclusions and recommendations Reference A lot of discussions have been put forward concerning whether business corporations have a mandate for social responsibility or not.…

Enron Scandal: Risk Assessment Enron was the second largest company in US history to be declared bankrupt. Recently, the Congressional committees have analyzed the company in order to establish the cause of its fall. Although the cause has not been determined with precision, some of the vital elements that caused its downfall are clear. The…