Enron Essays and Term Papers
Last update: June 12, 2015-
Audititng: Enron Case Study
Question 1: The Enron debacle created what one public official reported was a "crisis of confidence" on the part of the public in the accounting profession. List the parties whom you believe are most responsible for that crisis. Briefly justify each of your choices. The basic meaning of the words, "crisis of confidence" stems from America being forced into a financial dilemma that has taken place over a period of about 20 years. This financial
Rating:Essay Length: 1,423 Words / 6 PagesSubmitted: April 4, 2011 -
Enron Case Analysis
CASE ANALYSIS: ENRON 2 Enron, which used to be the 7th largest and most admired companies in the United States collapsed due to the executives' unethical decisions and driven by greed. Greed for profit came in all forms of shapes and sizes. Basic business ethics did not even exist in the minds of these leaders. Business ethics which is an "early warning system" was completely ignored, driven by selfish greed. This practical application of "early
Rating:Essay Length: 2,078 Words / 9 PagesSubmitted: June 20, 2011 -
Enron Company - Fortune 500 Company
1) Enron was a Fortune 500 company that provided services to natural gas, electricity, and communication customers. They concealed debt through several schemes. Enron made it seem like there was more incoming money than there really was. They claimed a net income of $979 million when they really earned just $42 million (page 250). At the same time, Enron claimed a cash flow of $3 billion when the cash flow was negative $154 million. 2)
Rating:Essay Length: 702 Words / 3 PagesSubmitted: June 28, 2011 -
Enron Corporation
THE COMPANY * Enron Corporation was an American energy, commodities, and Services Company based in Houston, Texas. * One of the world's leading electricity, natural gas, communications, and pulp and paper companies * Employed approximately 22,000 staff * Enron's reported annual revenues grew from under $10 billion in the early 1990s to $101 billion in 2000, ranking it seventh on the Fortune 500 * Enron had grown into a major energy trading company whose assets
Rating:Essay Length: 912 Words / 4 PagesSubmitted: August 15, 2011 -
Ethics of Enron
1. Executive Summary This paper summarizes, the lack of ethics in an organization will surely cause its downfall. While the development of personal character and moral values are important, it must be linked to competence in understanding risks and approaches to managing ethics and compliance in a complex organizational context. The national culture and regulatory system is also an important area that can affect ethical decision making. To explicate this, Enron provide excellent examples of
Rating:Essay Length: 6,911 Words / 28 PagesSubmitted: September 7, 2011 -
Enron - the Smartest Guys in the Room
"Enron: The Smartest Guys in the Room" "Enron: The Smartest Guys in the Room" is a 2005 documentary showcasing one of the largest business scandals in American history. The film examines the 2001 collapse of the Enron Corporation, an energy giant, by illustrating how the motives and actions of its top executives led to its eventual demise and bankruptcy. The Enron case is a classic example of exploiting the delicate fabric of business ethics. Enron's
Rating:Essay Length: 597 Words / 3 PagesSubmitted: September 20, 2011 -
Enron Case
"Accountancy is a system of recording, verifying, and reporting of the value of assets, liabilities, income, and expenses in the books of account to which debit and credit entries are chronologically posted to record changes in value."(Dictionary.com) It is the basic need of every business to have this system to maintain a record of their financial transactions. This system will inform a business of their worth, liabilities, and profits. However defective accounting practices lead to
Rating:Essay Length: 1,237 Words / 5 PagesSubmitted: November 27, 2011 -
The Crooked E - the Unshredded Truth About Enron
The Crooked E- The Unshredded Truth about Enron The movie, The Crooked E, chronicles the rise and fall of the Enron Corporation. Enron was a large organization and was one of the world's leading electricity, natural gas, and communications companies. Enron met its demise in the fall of 2001. The company's accounting fraud practices was publically exposed. The movie depicts the inside scoop on relationships between lower level employees and leadership. The Crooked E sheds
Rating:Essay Length: 1,630 Words / 7 PagesSubmitted: November 28, 2011 -
Enron Harvard Business Case Study
Kyle Musser Case #2: Enron Credit Sensitive Notes 11/19/11 What is a credit derivative? The first point when looking at this case is to understand what a credit derivative is specifically what the credit sensitive notes. A securitized derivative is one whose value is derived from the credit risk of an underlying bond, loan or any other financial asset. Creating, structuring and the issuance of such financial instruments known as derivatives involve managing the credit
Rating:Essay Length: 1,942 Words / 8 PagesSubmitted: December 1, 2011 -
Examining a Business Failure - Enron
Examining a Business Failure - Enron Your Name University of Phoenix LDR/531 - ORGANIZATIONAL LEADERSHIP Teachers Name December 08, 2011 Examining a Business Failure - Enron Strength of a company is the refection of leadership, vision and the employees. Regardless of the size of the company, the company will not endure the test of time without efficient management and sincere leaders. "Leadership occurs only when people are influenced to do what is ethical and beneficial
Rating:Essay Length: 1,167 Words / 5 PagesSubmitted: February 6, 2012 -
Enron Case Study
1. Brief Background and Context Enron is one of the most famous bankruptcy cases in US corporate history on how it can go all so wrong. The Enron case is one of the most often taught and discussed cases when deliberating about ethics in business. Enron came from relatively humble origins. Houston Natural Gas, under the leadership of Ken Lay, merged with InterNorth, a gas line pipeline company, to form Enron. The combined company grew
Rating:Essay Length: 873 Words / 4 PagesSubmitted: May 14, 2012 -
Enron Case Study
The Enron Collapse By: Jeff Porter Kevin Clark Jared Sabelhaus February 18, 2005 Introduction Companies have mission statements that often read like inspirational leaflets. Enron's mission was at first to be the world's greatest energy company then later revised in early 2001 to be the "world's greatest company". In the late 1990's, Enron seemed to have accomplished their mission accumulating vast amounts of assets, had the intellectually elite at the helm, a political climate in
Rating:Essay Length: 6,767 Words / 28 PagesSubmitted: September 10, 2012 -
Enron Harvard Business Case Study
In evaluating the credit standing, many factors need to be considered; for instance, we need to identify what the potential risks will be. Moreover, the structures of notes, the policies and practices of the corporations are also aspects we need to evaluate. Besides that, the more important things we need to look at are credit profile, quality and anticipated cash flow of the assets. As we can see in the income statement and the balance
Rating:Essay Length: 317 Words / 2 PagesSubmitted: November 5, 2012 -
Enron Scandal
Enron Corporation was born from the merging of Houston Natural Gas and InterNorth, a pipeline company in Nebraska. In 1985, the two companies came together under the new CEO Kenneth Lay. Lay moved corporation headquarters to Houston, Texas, where it was located until bankruptcy. Resulting from the merger, Lay incurred massive debt. In order to keep the company afloat, Enron had to devise a new business strategy that will create profits and bring the company
Rating:Essay Length: 817 Words / 4 PagesSubmitted: January 20, 2013 -
Enron Management Organization
Management Organization In any business, leadership management's responsibility is to provide a safe and comfortable working environment, using appropriate communication skills, operating with the highest possible ethical standards, being fair, provide compensation to the employees increasing motivation for the employees to work at his or her fullest potential. This paper will discuss Enron, and the business failure that occurred. At one time, Enron was one of the largest energy providers in America, based out of
Rating:Essay Length: 1,053 Words / 5 PagesSubmitted: February 24, 2013 -
Enron Accounting Fraud
Report: Enron accounting fraud In October 2001 it was revealed that reported financial condition of Enron Corporation was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud. Enron misrepresented its profits and was accused for a range of shady dealings, including concealing debts so they didn't record it in the company's accounts. On December 2, 2001 the Enron Corporation announced about its bankruptcy and dissolution of Arthur Andersen. Additional to the bankruptcy, the company
Rating:Essay Length: 1,334 Words / 6 PagesSubmitted: March 14, 2013 -
Enron Case Study
Enron was founded by Kenneth Lay in 1985 through a merger of Houston Natural Gas and Internonth. Enron's three main business units were the Wholesale Services, Energy Services, and Global Services. Enron was one of the world largestenergy-trading company and was ranked 22nd in the Fortune's 100 best companies list in America in 2000 (Fortune 500, 2001). The company had operations such as constructing power plants, selling or buying commodities, develop and execute energy strategies
Rating:Essay Length: 277 Words / 2 PagesSubmitted: March 14, 2013 -
Enron Corporation Managerial Organization
Managerial Organization Beverly Mahone LDR/531 March 23, 2013 Daryl Korinek Managerial Organization One of the world's leading electricity companies, Enron Corporation, suffered from a financial scandal, which involved the corporation and its accounting firm. The scandal happened during the 1990s and was a result of irregular accounting procedures. This scandal caused Enron to file bankruptcy in December 2001 (Thomas, 2002). The subject of this paper will discuss how organizational behavior theories could have predicted or
Rating:Essay Length: 1,554 Words / 7 PagesSubmitted: March 24, 2013 -
The Enron Scandal
The Enron Scandal Enron was an "American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world's major electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion during 2000," states Wikipedia (http://en.wikipedia.org/wiki/Enron ). It bought and sold energy, natural gas, and electricity on the market to cities and states. Enron owned
Rating:Essay Length: 2,233 Words / 9 PagesSubmitted: April 29, 2013 -
How Enron Became the Most Scandalous Blockbuster in the Us History
And the Oscar goes to... How Enron became the most scandalous blockbuster in the US history There is nothing I can do about it: the whole Enron scandal, all the shocking events and unexpected facts about it look like a thrilling, enormously expensive Hollywood movie. The scenario is a blast: there are genuine heroes, dark villains, and honest detectives, trying to find any clues to figure out who is the one to blame here. There
Rating:Essay Length: 969 Words / 4 PagesSubmitted: May 3, 2013 -
Enron - Anderson Case
Week 4: Case Study Arthur Andersen LLP was founded in 1913, by Arthur and his partner Clarence DeLany. The firm built a name for its self as being trust worthy and ethical. Andersen set standards for his employees to follow, however those standards were lost somewhere along the way. Values and ethics are the basis for the success of an organization. In order to connect with others you must first connect with yourself (Maxwell, 2007).
Rating:Essay Length: 579 Words / 3 PagesSubmitted: July 12, 2013 -
Enron Corp.: Credit Sensitive Notes
Case: Enron Corp.: Credit Sensitive Notes (HBS Case 29709) The purpose of a case is to challenge you to identify the key issues of the decision situation at hand. Try to put yourself in a position of investor who decides if she should buy Enron CSN. Here are a few pointers: 1. What is a credit derivative? 2. Why is the management of the firm's "own" credit risk important to its derivatives operations? 3. What
Rating:Essay Length: 437 Words / 2 PagesSubmitted: November 10, 2013 -
Enron Corp. Case
Enron Corp. 1. In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on a financial asset. In this way, the credit risk is on an entity other than the counterparties to the transaction itself. This entity is known as the reference entity and may be a corporate, a sovereign or any other form of legal entity which has incurred debt. Credit derivatives are bilateral contracts between a
Rating:Essay Length: 807 Words / 4 PagesSubmitted: November 11, 2013 -
The Film "enron: The Smartest Guys in The Room"
The film "Enron: The Smartest Guys in the Room" was directed by Alex Gibney in 2005. The script is based on the best-selling book with the same title written by Fortune reporters Bethany McLean and Peter Elkind in 2003. The story tells us about the bankruptcy and fraud scandal of Enron Company in 2001. This movie is documental, that is why a lot of archival materials and interviews are used in it. As I got
Rating:Essay Length: 660 Words / 3 PagesSubmitted: November 21, 2013 -
Enron : Movie Review
ENRON : MOVIE REVIEW When one reads or hears about the Enron Scandal, one wonders whether the scandal was all about complicated transactions or about people. The Enron Scandal has certainly caught the eye of people all over the world so much so that it was used as a benchmark to determine the strictness of the corporate governance laws in place in United States of America. The collapse of Enron led to twenty thousand employees
Rating:Essay Length: 457 Words / 2 PagesSubmitted: December 1, 2013