YOU WERE LOOKING FOR :Learning Lessons from Enrons Bankruptcy
Essays 511 - 540
its current ratio is understandable. WorldComs values in these two ratios reflect its precarious operation position. Neith...
effect to such things, and these situations are no different. When people lose jobs, families suffer, economies suffer, communiti...
these contributions finds one incorporating the interests of ethics and morality within the corporate structure, essential concept...
corresponding functional interest in them * The interests of all stakeholders are of intrinsic value (Donaldson et al, 1995, pp. 6...
in how organizations can categorize and classify their financial results, each organization is required to maintain uniform intern...
some time; keeping them off Enrons balance sheet avoided the situation in which Enron would have to list the debt without any prof...
the context of Walkers (2005) statements, the public arena is noted, but this idea can be applied to any organization. Fiscal resp...
in accountants and the way accounts were prepared was being shaken. The entire financial basis of the stock markets requires tha...
books. The charges against Lay are that "he knew his company was failing in 2001 when he sold millions of dollars in stock and ur...
an explanation or the auditors may, in extreme cases, may not feel able to certify that accounts as true and accurate. The...
not the least of which includes employees, customers, suppliers, distributors, stockholders, interest groups, legal and regulatory...
with several different players each able to avoid feeling personally responsible there was a lack of a real moral compass. ...
and diligence and independence at the auditing level" (Anonymous, 2003). From a broader perspective, one of the main reason...
the GEC directors took control of the company, and therefore the accounts this ?10 million profit turned into a $4.5 million loss ...
fraud, and it was with this we might argue there was the first loss of confidence in the auditors. This case limited the liability...
(Sun, 2006). The author remarks that internal auditors now have rock star status (Sun, 2006). Clearly, auditors are revered and ha...
collapse of the company. One can only conclude that these executives decided that it was worth the risk to take actions that were ...
In the financial markets are regulated by the Securities and Exchange Commission (SEC). The principal purpose of the SEC is to "pr...
the epitome of stereotypical masculinity almost to the point of caricature. Skilling once said that he had thought about it a lot ...
Technology advances in mediation software have increased the capability of companies to negotiate within a global business framewo...
in an accounting system that made many of the concealments that took place legal, or at least borderline, and the attitudes of tho...
Enron International and Azurix Water, said Enron employees consisted of ex-military, Harvard Business School and ex-entrepreneurs ...
chief accounting officer and former Enron auditor from Arthur Anderson and a number of other executives (FOX News Network, 2005). ...
explained that controlling has no relationship to authoritarian leadership styles, it is about controlling things such as resource...
All managers must control certain things. Finances must be controlled, for example, so that the organization operates both efficie...
In twelve pages the market impacts of dergulating Duke Energy, Enron, and Southern Company are examined. Fourteen sources are cit...
Mention the word "Enron" and what is likely to come to mind is "accounting scandal." Though the period between 2000-2002 brought i...
merger of Houston Natural Gas and InterNorth in 1985. It was initially a gas pipeline operator and a national gas commodities trad...
those codified into law ...and creating societal pressures for reform" (p. 167). Indeed, the world is changing and more attention...
The companys auditor employed by Andersen allowed the misrepresentations to go uncorrected. Hamilton and Leeds charged: "Andersen ...