Enron Scandal Essays Examples - Free Topics and Samples on Enron Scandal

Enron scandal
1) What kind of industry was Enron in? Enron was a public corporation in the energy industry. 2) What did Enron do wrong? The Enron scandal involved an accounting fraudulent scheme in which the company was cooking up the books. 3) When did Enron file for bankruptcy? Enron filed for bankruptcy on December 2, 2001 (History). 4) List the names of the Enron employees that went on trial for the accounting fraud: CEO, COO, CFO, and Treasurer. The names of the top four executives of the company are: CEO ...
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Enron Scandal - Internal and External Reputational Forces, Facts That Make Up the Brand Corporate Reputation, Importance of Managing
The paper “Enron Scandal - Internal and External Reputational Forces, Facts That Make Up the Brand Corporate Reputation, Importance of Managing the Corporate Reputation“ is an earnest variant of case study on marketing. It is a common trend in all industries for companies to protect their brand and in this respect; they can even incur huge costs to ensure that they have a good brand reputation for a long period. Corporate reputation is of great importance to organizations but at times, ...
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Collapse of the Enron Corporation
The paper "Collapse of the Enron Corporation" is a great example of a case study on management. This paper looks at the collapse of the Enron Corporation, a giant company trading with energy sources. The company rose in its performance after its Chief Executive Officer, Kenneth Lay, merged with the natural gas pipeline companies and the Internorth. Soon after, the government enacted deregulation in the energy industry and this led the company into selling its energy at higher prices. The new president ...
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Corporate Governance and Regulations - Joint Stock Corporation
The paper "Corporate Governance and Regulations - Joint Stock Corporation " is a perfect example of a business case study. The corporation of today plays a critical role in the institution of highly developed free enterprise. The Joint Stock Corporation first came into life in the 20th century and Karl Marx who witnessed it saw it as a possibility towards the communal ownership of the means of production and as a way that would eventually lead to socialism. Corporations have been around for ...
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Advanced Corporate Accounting
Advanced corporate accounting – Enron ScandalBy:Enron started profitably in 1985 as a merger of Houston Natural Gas and Internorth as the first national natural gas pipeline network. Enron wrongly entered into business combinations to shift the liabilities to its subsidiaries and to avoid payment of taxes. Financial danger gradually sipped in when Enron strategic management goal shifted from the regulated transportation of natural gas to unregulated energy trading markets. The discovery of the true ...
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Comparing Corporate Governance in Australia and the USA
The paper "Comparing Corporate Governance in Australia and the USA" is a perfect example of a business case study. At the start of the millennium, a number of scholars argued that corporate governance regimes could only converge, and this was inevitable as much as imminent (Hansmann & Kraakman 2001). This convergence was attributed to a cohesive Anglo-American model of governance. Moreover, Pinto (2005 cited in Hill, 2007) attributed this to the-then high interest in globalization, which ...
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Review of Accounting Ethis: Assignment
Review of Accounting Ethics: Assignment Table of Contents Introduction 3 Satyam Computer Services Ltd. and the Accounting Scandal 4 Connotation of the Accounting Scandal & Recommendation 5 Conclusion 6 References 7 Introduction The principles of business ethics help companies to increase their positive outcome, while lessening the ill impacts of their business activities on the general public. Even if, business ethics is frequently used as a substitute of corporate social responsibility, it is important ...
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Cynthia Cooper and WorldCom by Mead and Warhane
The paper "Cynthia Cooper and WorldCom by Mead and Warhane" is a brilliant example of an article on business.1. What is this writer’s position/proposition? The writer’s position is that Cooper is faced with a very difficult situation, which will have to blow up anyway. This is because; she is not sure whether she should reveal the audit information that indicates that WorldCom is involved in scandals of financial irregularity. On the other hand, Cooper is concerned that the failure to ...
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Hiring and Firing System at Enron Company
The paper "Hiring and Firing System at Enron Company" is a good example of a case study on management. Enron scandal was revealed in 2001. The scandal led to the bankruptcy of Enron and the dissolution of Arthur Anderson which was among the largest five auditing and accounting firms globally. At the time, the scandal was the largest recorded bankruptcy in the history of America. The scandal was the largest audit failure at the time. Enron was among the largest companies globally and also one ...
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Institutional Investors - the Prevalence and Impact of Shareholder Activism and Its Role in Corporate Governance
The paper “Institutional Investors - the Prevalence and Impact of Shareholder Activism and Its Role in Corporate Governance” is a worthy variant of essay on management. Before the 2002 WorldCom scandal, the Enron scandal of October 2001 was the greatest white-collar crime in the history of the United States of America. The case that saw the biggest energy company in the united states of America come crashing down, also caused the indefinite dissolution of Arthur Andersen, one of the big ...
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The Impact of Calculators on Organizational Ethics - an Analysis of the Managerialism Perspective
The paper "The Impact of Calculators on Organizational Ethics - an Analysis of the Managerialism Perspective" is a great example of a management essay. A trending topic in the contemporary workplace is the manner in which technology can be integrated into daily operations. The presence of technology in contemporary organizations is therefore indispensable. The range of technology employed by an organization varies from simple gadgets such as personal computers to large machines that can be used ...
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Learning from Past Management Theories
The paper "Learning from Past Management Theories" is an outstanding example of management coursework. The concept of management is not new. Its long tenure can be traced even from historical events. For instance, the construction of the Egyptian pyramids and the Great Wall of China would have not have existed without the application of management. It can, therefore, be stated that management has been significant. Throughout history, many environmental factors have influenced management practitioners ...
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The Use Off-Balance-Sheet Financing in Enron Corporation
ENRON Enron was a promising company; all it had to do to remain successful was keep ethical, keep its balance sheets accountable and transparent, andbe honest to its investors. Enron was a company with a great deal of strength in integration and market development, but this company had the sort of retrenchment and financial opacity weaknesses that led to its ultimate downfall and scandalized position in the market. Enron was called out on corruption and its leaders have been indicted for fraudulent ...
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Week 4 discussion and participation questions
DQ1 One of the inherent limitations of internal control is the people factor. In the Enron Scam the combination of the Enron executive management andinternal and external accountants’ collusion enabled a bypass of all the internal controls. The use an internal auditor is a technique that can be used to detect and prevent unethical behavior. A second limitation of internal control mechanisms is cost. A lot of small companies cannot afford to implement internal control practices due to the large implementation ...
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Unethical Businesses Are Not as Successful as the Ethical Businesses
The paper “Unethical Businesses Are Not as Successful as the Ethical Businesses" is a dramatic example of coursework on business. In the UK, there has been a salient emphasis on the need for businesses to operate in an ethical and responsible manner. The institute of business ethics established in 1986 has been focusing on ensuring that all the businesses adhere to the codes of ethics. As a requirement, businesses should have a company code of ethics that conforms to the United Kingdom ...
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The Difference between Leadership and Management
The Difference between Leadership and Management I chose the quotes because they clearly reflect the difference between Leadership and Management. Another quote that I can add is that : Management is doing things right, leadership is doing the right thing from Peter Drucker. For one, Management is about getting things done in an efficient and systematic manner which requires discipline as well as commitment. On the other hand, leadership is discerning as Drucker asks: What is needed ...
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Ethical Theories and Concepts
The paper "Ethical Theories and Concepts" is a great example of management coursework. In considering different issues in ethics, a distinction is often made between ethics and morals. It is practical to use the words interchangeably as moral theory refers to a set of moral principles that are abstract just like the term ethics. Ethical theories and concepts are the foundation in analyzing ethical issues and express different viewpoints that act as guidance to obtaining a decision. In this paper, ...
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Accounting Theory and Analysis - Essay
CORPORATE GOVERNANCE & CORPORATE FAILURE Introduction & Corporate Failure Corporate Governance is a system through which a company is directed and controlled (Tricker and Tricker 2002). It provides guidelines through which an entity can achieve its objective and avoid corporate failure. Normally, all corporate governance codes provide guidelines in many areas such as internal controls, constitution of board, and performance management etc (Fernando 2009). There is no universal definition available ...
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Framing Audit Failure
The paper 'Framing Audit Failure' is a great example of a Business Assignment. HIH royal commission (2003) was a result of the liquidation of the HIH insurance company in 2001. The company is based in Australia and according to the liquidators; the total losses amounted to $5.3 billion. Therefore, the prime minister then john Howard called for the need of a royal commission to establish the cause of HIH insurance collapse. The commission was headed by Justice Neville Owen and after much investigation ...
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Creative Accounting as a Problem in Managerial Accounting - Enron
The paper "Creative Accounting as a Problem in Managerial Accounting - Enron" is a perfect example of a finance and accounting case study. Enron was one of the leading energy companies in the world until its collapse in the year 2001 due to a huge corporate scandal. The collapse of Houston based Enron Corporation led to the dissolution of Arthur Andersen. Arthur Andersen was among the five biggest audit and accountancy partnerships around the world. Apart from Enron being the largest bankruptcy reorganization ...
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