The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
Premium Corporation Corporate governance Management
The Psychological Meltdown of Lady Macbeth In Shakespeare’s play Macbeth‚ Shakespeare challenges the idea of male dominancy. Is Macbeth really in control of his own actions‚ or is he being manipulated by the women around him? Maybe Macbeth would never be king if the witches had not suggested it. Duncan could have lived a full life if it were not for Lady Macbeth. Shakespeare gives women a sort of power over him. In Lady Macbeth’s case‚ the very power that drives her insane. By giving powerful women
Premium Macbeth
that influence ethical behavior‚ three warrant particular attention: culture differences‚ knowledge‚ and organizational behavior. 1. cultural differences: what maybe considered unethical in one culture could be an accepted practice in another. managers may need to consider a wide range of issues‚ including acceptable working conditions minimum wage levels‚ product safety issues‚ and environmental protection. 2. knowledge: as a general rule‚ the more you know and the better you understand a situation
Premium Ethics Business ethics Philosophy
Abstract - The Enron scandal is one of the biggest financial scams ever to take place and its root’s lie in the desire of the senior members of Enron to earn as much for themselves as possible and were assisted in this greatly by the negligence shown by their auditor’s and consultants‚ Arthur Andersen. Most of the debts and tangible assets of Enron were on the balance sheet of partnerships that were run by high-ranking officials within the corporation and these partnerships were recorded as related
Premium Enron Big Four auditors Enron scandal
ENRON: A FINANCIAL REPORTING FAILURE? Anthony H. Catanach Jr.1 Associate Professor 610-519-4825 anthony.catanach@villanova.edu and Shelley Rhoades-Catanach Associate Professor Both at Villanova University College of Commerce and Finance Department of Accountancy INTRODUCTION The dramatic collapse of Enron Corporation‚ following a series of disclosures of accounting improprieties‚ has led many to question the soundness of current accounting and financial reporting standards. Within Enron’s reported
Premium Financial statements Enron Balance sheet
seemed eliminate confidence by the business world about the practice of good corporate governance in the United States. Enron was a company that was ranked as seventh out of the five hundred leading companies in the United States and is the largest U.S. energy company that went bankrupt leaving debts amounting to nearly U.S. $ 31.2 billion. In instance with the case of Enron known occurrence of moral threat behavior such as manipulation of financial statements with a record 600 million dollar profit
Premium Enron Enron scandal
The atmosphere at Enron was highly competitive. Enron rewarded cleverness and pushing the envelope. Enron’s former president and CEO Jeffery Skilling encouraged employees to be "independent‚ innovative‚ and aggressive.") The aggressiveness of the culture at Enron was increased by a rigorous and threatening evaluation process for all employees that became known as "rank and yank." "Enron’s employees annually ranked their fellow employees on a 1 (best) to 5 (worst) scale. Each of the company’s divisions
Premium Enron Enron scandal Business ethics
How to Analyze a Web Page BSHS/352 How to Analyze a Web Page Over the last twenty years the internet has exploded onto seen. Most webpages are unfortunately posted by people who do not do the research needed to provide individuals with the facts they are looking for. Because of this individuals who are looking for a proven webpage to find truthful information need to know how to analyze the site. Anyone can go on to the web and search for whatever they are looking for. For example‚ if someone
Premium World Wide Web Web page
Art 10000 Introduction to the Visual Arts of the World The image is of a picture taken outside in the wilderness by a mountain bordering a forest of pine trees and a small body of water. This image appeals to me because it reminds me of a simple‚ happy‚ peaceful setting where its care free with the thought of no responsibilities. The color appears as if there is an overcast‚ the clouds also make it apparent. There is little to no light coming through the atmosphere‚ thus the small body of water
Premium Color Atmosphere Eye
Explain some cases in which you would perm-ban/temp-ban people Advertising - if someone is advertising‚ i would perm mute by the command /mute advertising and send it to an higher staff member to ban him Hacking - if someone go ahead and hacking‚ as helper i would record him on fraps fast upload to youtube‚ and send it to an higher staffmember Spamming - if someone is spamming ingame chat i would warn him by the command /warn Spamming‚ and if he goes ahead an continue to begin as a spammer
Premium Internet Social network service Facebook