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Essays 61 - 90

Analysis of Enron

days, compared to how they would become (Braquet, 2002). Skilling focused Enrons core business, that of buying a commodity and sel...

Steroid Scandal in Major League Baseball and Congress

had used steroids and also claimed that as much as 50% pf the players used them (Schmaltz, 2002; 264). Another big name, Jose Cans...

Fraudulent Accounting Procedures at WorldCom and Enron

as CEO and Chairman on February 4, 2002; Jeffrey K. Skilling, former CEO and Director; Andrew S. Fastow, former chief financial of...

Value of Conventional Methods of Accounting

in how organizations can categorize and classify their financial results, each organization is required to maintain uniform intern...

Workplace and Loss of Decency

men and women in public places. This increasing informality is also present in the business world and it is straining business re...

Industrial Psychology; Explaining Enron

with several different players each able to avoid feeling personally responsible there was a lack of a real moral compass. ...

Is the Criticism Against Auditors Justified in the Light of Business Collapses such as Enron?

an explanation or the auditors may, in extreme cases, may not feel able to certify that accounts as true and accurate. The...

Are Accounting Reforms And Legislation Are The Only Means By Which The Accounting Profession Will be Able To Regain Public Trust And Re-Establish Its’ Credibility?

fraud, and it was with this we might argue there was the first loss of confidence in the auditors. This case limited the liability...

Accounting: Principles-Based Or Rules-Based?

and diligence and independence at the auditing level" (Anonymous, 2003). From a broader perspective, one of the main reason...

A Memo Involving Ethics

Johnson pulled all Tylenol products off the shelf at great cost in order to ensure the safety of consumers. The Company did this,...

Failure of Internal Controls and The Impact on Stockholders

one responsible for approving purchase orders and adding new personnel to the payroll system, the opportunity for abuse is readily...

Enron and Ethics of the Media

see fit, in spite of how their selfish actions may cause harm or damage to others. Indeed, this is precisely the essence of socia...

Auditing Systems and the Scandal of Lincoln Savings and Loan

in the Garcia-Wescon sham in which Wescon acquired land at nearly twice its appraised value on behalf of E.C. Garcia and Company. ...

Martha Stewart and Insider Trading

only (United States v. Martha Stewart and Peter Bacanovic: Indictment). Those specifically referring to and including Martha Stew...

Foucault on the Vikings 'Sex Boat Scandal'

a gay rights movement today which accentuates homosexual activity. Yet, through history homosexuality has always been with society...

A Sport Scandals History

In 1876 for example, the National League had been created, something done to promote a more businesslike atmosphere for the game (...

Accounting and Corporate Effects of Business Failures

in accountants and the way accounts were prepared was being shaken. The entire financial basis of the stock markets requires tha...

Accounting Questions

rules and audits the accounts. When looking at the failure of Enron it is these accounting standards that appear to fail. In looki...

The Importance of Corporate Governance

the context of Walkers (2005) statements, the public arena is noted, but this idea can be applied to any organization. Fiscal resp...

Media Takes a Constructionist View When Reporting on Sexual Behavior

sexual behavior that conforms with their personal desires. Obviously, when a child would be harmed, or even murdered, such tendenc...

Relationship of Ethics and Management Functions

explained that controlling has no relationship to authoritarian leadership styles, it is about controlling things such as resource...

Management Functions

All managers must control certain things. Finances must be controlled, for example, so that the organization operates both efficie...

Electric Utility Industry Deregulation

In twelve pages the market impacts of dergulating Duke Energy, Enron, and Southern Company are examined. Fourteen sources are cit...

TAINTED MILK AND THE PROACTIVE APPROACH

without coercion. Though its not outlined here, Mengniu and other dairies didnt agree to pull the tainted products until the media...

Kurt Eichenwald/The Informant

than one hundred participants," and involved examination of thousands of documents (Eichenwald 569). However, in other ways, it i...

THE ENRON IMPLOSION AND ORGANIZATIONAL FAILURES

their behavior. Along with this, Enron believed in its own publicity as the poster child of corporate culture for the "new economy...

The Phar-Mor Scandal

of internal control and in fact, three major weaknesses was a lack of care in selecting an auditing firm, not questioning figures ...

ANTIGUA, GLOBAL RECESSION AND STANFORD SCANDAL

Allen Stanford last February, the islands Bank of Antigua has also gone through its own struggles. Though the Stanford scandal in ...

THE ENRON IMPLOSION AND ORGANIZATIONAL BEHAVIOR THEORY

Enron International and Azurix Water, said Enron employees consisted of ex-military, Harvard Business School and ex-entrepreneurs ...

Enron, the Contribution of Masculine Culture to its Downfall

the epitome of stereotypical masculinity almost to the point of caricature. Skilling once said that he had thought about it a lot ...