Essays on Enron Scandal

Introduction The Enron Scandal was named to the series of events that resulted in the bankruptcy of the largest energy corporation of US named Enron. Along this, one of the largest auditing and accountancy firm, Arthur Andersen, was also involved in this scandal and therefore…

Role played by Financial Instruments To analyze the role of financial instruments in the downfall of Enron, a suitable starting point would be to clearly define a financial instrument. A financial instrument is a representation of an ownership interest claim or the contractual or contingent…

The way I would describe the culture at Enron is toxic and unethical. Executives used corruption, greed and deception to ensure share prices remained high. Our textbook defines an aggressive organizational culture as “companies who value competitiveness and outperforming competitors”. This term applies to Enron’s…

Section 1: Introduction and situational analysis People see the Enron story as a story about numbers, and that it’s about all of these complicated transactions but in reality it’s a tragic story about people and a failure of ethics from the top. The rise and…

This paper examines what went wrong inside Enron Corporation. The paper presents what went wrong with Enron’s decision-making, leadership, and further uncovers the conflicts that ultimately contributed to the company’s demise. Review of the company’s history, and the abundant amount of information available on Enron…

On July 1985, Houston Natural Gas merged with InterNorth; a natural gas company established in Omaha, Nebraska, and together formed the modern-day Enron. The Enron Corporation began bartering natural gas commodities, and by the early 1990’s, the company became the largest natural gas merchant in…