Enron‚ what caused the ethical collapse? Q1. What led to the eventual collapse of Enron under Lay and Skilling? A1. There are many reasons‚ which led to the collapse of Enron. With the senior leadership of the company not holding/staying true to the company’s code of ethics‚ not enforcing many laws (which led to the company violating those laws). Therefore‚ the inability of the senior leadership to ensure that there are not only written practices as to how business should be done‚ but actually
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The Enron and World Com Scandals Enron 1. The board directors failed their fiduciary obligation to protect their shareholders‚ employees‚ and business partners by allowing high risk accounting‚ inappropriate conflict of interest‚ expenses undisclosed off the books activity‚ excessive compensation‚ and lack of independence between the company‚ and board members. I feel the segment that got Enron into trouble was the Executive and finance committee (Brooks). 3. I do believe that they
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TABLE OF CONTENTS Introduction..........................................................................................1 Who Committed Fraud?.....................................................................1 - 2 How Was Fraud Committed?...............................................................2 - 4 Why Was Fraud Committed?...............................................................4 - 5 Penalties Of Committing Fraud.............................................................. 6
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Contents EXECUTIVE SUMMARY 1 INTRODUCTION 3 CHANGES IN REGULATIONS 3 CHALLENGES AND RESPONSIBILITIES 4 RESPONDING TO THE CHANGES 4 Research Studies 4 Response to Surbanes-Oxley Act 5 Response to the European Commission’s proposals 6 Enron Failure 6 Arthur Andersen failure 6 Lehman Brothers failure 6 Ernst & Young failure 7 Detection of fraud 7 Going Concern 7 MINIMISING LITIGATION RISK 7 Obstruction of Justice 8 Consultancy service 8 Conservative Audit 8 Conclusion
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Summary of common fault and treatment: common belt convey is consist of conveying belt‚ roller‚ expansion cylinder‚ driving‚ braking‚ tensioning‚ modification‚ loading‚ unloading and cleaning device. One‚ the most common fault: belt conveyor is running deviation. Point to solve such fault is to keep installation size precision and routine maintenance. There is a variety of reasons for deviation‚ we should adopt different treatments to the different causes. First‚ adjust the carrying idlers if
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Communication to existing employee and management right after merge Employee communication Strategy In HBR case study “Who Goes‚ Who Stays?” Steve and Kasper lack on important communication with the employees. They should have begun communicating with their employees as soon as possible in the merger process. Should have considered informing them of company desire to merge with‚ acquire or be acquired by another company before they begun searching for a counterpart to the deal‚ if possible
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| Case Study Four | S&S Air International? | | | 5/7/2011 | The business world is highly competitive‚ changes quickly and is filled with risks and rewards. The international business world is no different! Things can change on the international stage in the time it takes to get a cup of tea! S&S Air has been in discussions with a dealer in Europe to sell the company’s model known as “The Eagle”. The dealer‚ Amalie Diefenbaker‚ has told S&S Air that she will pay the
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Romeo and Juliet Summative Essay Who was to blame for the tragic deaths of Romeo and Juliet? Two star-crossed lovers with a forbidden love and so many obstacles to overcome‚ but in the end it wasn’t enough. Was it the fault of the two families and their bitter feud‚ or perhaps the Friar and the Nurse‚ or was it all just destiny in the two young lover’s fate... From forth the fatal loins of these two foes A pair of star-crossed lovers take their life‚ Whose misadventured
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The Sinking of the Titanic was the Fault of Man The sinking of the Titanic can be interpreted as being the fault of man. The author‚ Walter Lord‚ and the Night to Remember movie signify key events that led up to the descending of the enormous ship. Some of the primary causes of the sinking are the construction of the ship‚ the carelessness of the crew‚ and the naivety of the Californian. The fabrication‚ or construction‚ of the ship could have been a major asset in the sinking of the Titanic
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TSINGHUA SCIENCE AND TECHNOLOGY ISSNll1007-0214ll12/18llpp225-233 Volume 14‚ Number 2‚ April 2009 On-Line Fast Motor Fault Diagnostics Based on Fuzzy Neural Networks* DONG Mingchui (董名垂)**‚ CHEANG Takson (郑德信)†‚ CHAN Sileong (陈思亮)† Department of Automation‚ Tsinghua University‚ Beijing 100084‚ China; † Faculty of Science and Technology‚ University of Macau‚ Macau‚ China Abstract: An on-line method was developed to improve diagnostic accuracy and speed for analyzing running motors on site. On-line
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