for both white-collar and street criminals. There are several differences that makes the process display what appears to be preferential treatment towards those that understand and commit crimes that are not to be considered street crimes. It is that treatment that makes many in the general public believe the criminal justice system works only for a certain group of people. DISCUSSION: There are many differences in the ways that white-collar crimes and street crimes are processed. With white-collar
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One type of crime being white collar crime or corporate crime. First of all to define white collar/corporate crime In the study guide “introduction to criminal justice” white collar/corporate crime is described as: * Crime committed by organisations using corporate structures * Other forms of non-violent crime * Some Characteristics include: * Secrecy- complex cover-ups * Lack of public fear- people fear violent crime. However white collar/corporate crime is not feared
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Enron Case Study XXXXX XXXXXXXXX State College Enron Case Study Enron was a corporation founded in 1985‚ when a merger combined Houston Natural Gas and InterNorth (Thomas‚ 2002). Throughout the first five years of Enron’s existence‚ they had many struggles. According to Salter (2005)‚ the first years had many “near death” experiences. Eventually Enron was able to prevail over their many “near death” experiences. In 1989‚ “Enron locked in its first fixed price contract to supply natural
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wife and children‚ was a company created in 1998 by Enron ’s CFO‚ Andrew Fastow‚ to buy Enron ’s poorly performing stocks and stakes and bolster Enron ’s financial statements. Fastow proposed in October 1999 to Enron ’s finance Board the creation of LJM2 Co-Investment L.P. Fastow would act as general director of a much larger private equity fund that would be funded with $200 million of institutional funds. The question of Fastow’s dual role as Enron ’s CFO and LJM2 ’s general director was not viewed
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Enron Case Study A company’s leadership and culture influences its business ethics. A company’s culture is known as the organizational culture. It is the actions and beliefs of individuals that work at the company. All the shared values and enforced policies contribute to organizational culture. “The leadership culture appears as an integral part of the organizational culture and it can have a positive or negative influence upon the latter.” (Popa‚ 2013‚ p. 179). The organizational culture
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Enron Corporation (former NYSE ticker symbol ENE) 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.[1] Fortune named Enron "America’s Most Innovative Company" for six consecutive years. At the end of 2001‚ it was revealed
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Natural Gas‚ became CEO‚ and the next year won the post of chairman. From the pipeline sector‚ Enron began moving into new fields. In 1999‚ the company launched its broadband services unit and Enron Online‚ the company’s website for trading commodities‚ which soon became the largest business site in the world. About 90 per cent of its income eventually came from trades over Enron Online. Growth for Enron was rapid. In 2000‚ the company’s annual revenue reached $100 billion US. It ranked as the seventh-largest
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Deviance and Social Control On August 25‚ 2013 the world watched in disgust as celebrity Miley Cyrus twerked and gyrated on stage at the Video Music Awards Show. People caused a fuss over her back up dancers all being African American women with large derrieres‚ her twerking‚ pointing to her feminine area on her body‚ pushing her face in one of her dancers derriere while smacking it‚ grinding on a foam finger‚ and grinding on a married man. The sociological perspective on deviance is described
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Business Ethics Enron Case 1. Using the options market more for gambling purposes to cover loss rather than insurance. The culture was if one of their employees was making a lot of money they didn’t ask questions they didn’t look too deep into where the money was going they eventually gave these people more money to spend and use‚ what they realized later on was that that employee wasn’t very good. They were just lucky one time. They made some losses and had to get that loss back so they put
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Enron The collapse of Enron Corporation an American energy‚ commodities and services based Company in Houston‚ Texas reinforces why unethical business practices are not the foundation for an enduring and sustainable enterprise. Good business practices is rewarding because it builds sustainable company‚ trust‚ integrity and organizational growth. In the article Enron ethics: Culture matters more than codes‚ reminded us that before the scandal‚ Enron appeared to have the best organization
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