Enron‚ board governance and moral failings Gerald Zandstra Gerald Zandstra is Director of Programs at the Acton Institute for the Study of Religion and Liberty‚ Michigan‚ USA. Keywords Directors‚ Ethics‚ Responsibility‚ Corporate governance Abstract The failure of the Enron Corporation has brought attention to the roles played by the chief executive officer and other executives of the modern corporation. Its failure has also produced discussion of further regulations that will‚ it is hoped‚
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Describe and evaluate two approaches to the treatment of self-defeating behaviour. The approaches should be selected from those introduced in module 5 Name: Zoe Foster Date: 5th November 2014 Course: SOUTH2S14 Module #: 5 Tutor Name: Anni Richardson Expected Word Count: 2500 Actual Word Count: 2616 Introduction During this paper I will look at what self-defeating behaviour (SBD) is. Look at classes of SBD and potential options for treatment using the TIME and HINDSITE models. I will look
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was coined by New York environmentalist Jay Westerveld[3][4][5] in a 1986 essay regarding the hotel industry’s practice of placing placards in each room promoting reuse of towels ostensibly to "save the environment". Westerveld noted that‚ in most cases‚ little or no effort toward waste recycling was being implemented by these institutions‚ due in part to the lack of cost-cutting affected by such practice. Westerveld opined that the actual objective of this "green campaign" on the part of many hoteliers
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Major changes in rules and regulations Since the Enron collapsed an array of new laws and regulations has been adopted to tighten corporate oversight. US offices were the first one to come out and implement the policies. Almost all of the firms had their headquarters in the US and they replicated their headquarters policies to a good extend in other offices around the world. Also other governments and regulatory bodies around the world came out with their country specific rules and regulations which
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. Enron senior management gets a failing grade on the truth and disclosure and a passing grade on arrogance and greed. For Fifteen years Enron was a paper tiger with few questions ever asked concerning its earnings profitability or business practices. The deceit and deception by Enron management seems to be the environment of a divisive marketing campaign that Kenneth Lay‚ Jeffery Skilling and Andrew Fastow hide while touting Enron. In reality Enron was one of the greatest Ponzi schemes to date
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1. Define self-esteem and describe how communication can enhance self-esteem. Why is self-awareness such a critical skill for improving self-esteem? Self-esteem is confidence in one’s own worth or abilities‚ and when someone is fully engaged in non-verbal communication and practicing active listening it helps their partner feel confident that what they are informing them has been heard. Self-Awareness allows you to properly understand how people may perceive you by observing your attitude and responses
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Answer the following questions based on the film Enron: The Smartest Guys in the Room (2005). 1. (a) Describe the ownership structure at Enron. (b) How did the ownership structure contribute to the Enron scandal? (15 points) When Enron became a publicly traded company‚ the employees and executives had more incentive to manipulate earnings and financials. With the shift in structure‚ there were more external stakeholders to satisfy‚ which caused the company to focus on short-term results‚
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Kenneth Lay founded Enron in 1985. Two years after its founding‚ the company becomes embroiled in scandal after two traders begin betting on the oil markets‚ resulting in suspiciously consistent profits. Enron’s CEO‚ Louis Borget‚ is also discovered to be diverting company money to offshore accounts. After auditors uncover their schemes‚ Lay encourages them to "keep making us millions". However‚ the traders are fired after it is revealed that they gambled away Enron’s reserves‚ nearly destroying
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Leveraging Smartphone Cameras for Collaborative Road Advisories Submitted by R.S.Shenilton & M.Banu Chandhar Abstract : Ubiquitous smartphones are increasingly becoming the dominant platform for collaborative sensing.Smartphones‚ with their ever richer set of sensors‚ are being used to enable collaborative driver-assistance services like traffic advisory and road condition monitoring. To enable such services‚ the smartphones’ GPS‚ accelerometer and gyro sensors have been widely used.
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Enron Corporation (former NYSE ticker symbol ENE) Enron Corporation (former NYSE ticker symbol ENE) Cierra Gause Abstract This paper will describe the legal environment of business‚ the sources of American law‚ and the basis of authority for government to regulate business‚ differentiate between civil law and criminal law and describe the various classifications of crimes as it relates to Enron and the scandal the caused their downfall by using technology and information resources to research
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