ccsenet.org/ijbm International Journal of Business and Management Vol. 5‚ No. 10; October 2010 The Case Analysis of the Scandal of Enron Yuhao Li Huntsman School of Business‚ Utah State University‚ Logan city‚ U.S.A E-mail: wyl_2001_ren@126.com‚ carolee1989@gmail.com Abstract The Enron scandal‚ revealed in October 2001‚ eventually led to the bankruptcy of the Enron Corporation‚ an American energy company based in Houston‚ Texas‚ and the dissolution of Arthur Andersen‚ which was one of the five largest
Premium Enron Enron scandal
“United States vs. Enron” Enron Corporation was one of the largest global energy‚ services and commodities company. Before it was filed bankruptcy under chapter 11‚ it sold natural gas and electricity‚ delivered energy and other commodities such as bandwidth internet connection‚ and provided risk management and financial services to the clients around the world. Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four
Premium Enron Kenneth Lay Jeffrey Skilling
of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
Premium Enron
hear the word Enron‚ they immediately associate it with the most important accounting scandal of our lifetimes. Enron was an American gas company that began as the Northern Natural Gas Company in 1931. Internorth‚ a holding company in headquartered in Omaha‚ Nebraska‚ purchased the Northern Natural Gas Company and reorganized it is 1979. Enron arose from the 1985 merger of Houston Natural Gas and Internorth. After building a large‚ new corporate headquarters in Omaha‚ the new Enron named former
Premium Enron
process‚ taking the morning after pill does not violate any moral rules. None of the 10 rules of Gert’s ethical behavior are broken. At this point in Mr. and Mrs. Sackler’s situation‚ conception has not occurred so there is no rules broken or violation. Given the morning after pill purpose‚ I do not see it as abortion because a fetus has not been conceived yet. If conception had taken place and Daniela Sackler was in fact pregnant and wanted to abort the baby‚ I would feel that she would be violating
Premium Family Psychology English-language films
level – why auditing? • Enron Auditing • Why do we have auditing? • Lemonade Stand Example Did ANYONE Do ANYTHING WRONG? CONCLUSION Did Anyone Do Anything Wrong? YES!! ENRON’S RISE 1985 – Internorth‚ based in Omaha‚ acquired Houston Natural Gas. 1986 – Changed name to Enron and moved to Houston. OLD ENERGY SYSTEM • Electricity • State-regulated monopolies. • Stable‚ but inefficient. • Natural Gas • Pipelines transported on fixed delivery routes with set prices. Enron Producers Pipeline
Premium Enron Enron scandal
flourishing that sought to realize human dignity‚ flourishing‚ or well-being entirely independent of human rights". The modern concept of human rights developed during the early Modern period‚ alongside the European secularization of Judeo-Christian ethics. The true forerunner of human rights discourse was the concept of natural rights which appeared
Premium Human rights
Truth Telling Violations The purpose of this paper is to compare and contrast the truth telling violations presented in the Abraham and Rehab Bible stories. Both stories are indicative of deception that demonstrate how if people are placed in a position of uncertainty can lose their faith in performing a moral obligation which is telling the truth regardless of the situation. Extreme circumstances can hinder the decision making process and can lead to deception. The ideology of truth
Premium Abraham God the Father God
Expectancy Violation Theory Introduction “Expectancy violations exert significance on people’s interaction patterns‚ on their impressions of one another‚ and on the outcomes of their interactions” (Burgoon 1993:40). In other words‚ Judee Burgoon‚ founder of the expectancy violation theory‚ concluded from various experiments that people evaluate communication with others in a negative or positive regard‚ based on their expectation of the interaction and their opinion of the communicator. When
Premium Sociology Interpersonal relationship Psychology
SHREK: CCRF VIOLATIONS The CCRF is probably at the back of your mind whilst watching Shrek‚ but if one were to look deeper than the childish humour and the silly retorts‚ than one will find obvious and blatant violations of the CCRF. However‚ I don’t believe that the creators were making this movie to show examples of violations of the CCRF‚ but rather to generate large sums of money‚ but thats beside the point. In Shrek‚ there are numerous examples of violations of the CCRF carried out by the
Free Human rights Adolf Hitler Universal Declaration of Human Rights