Enron Essay Examples - Free Research Papers on Enron Scandal

Enron and the Derivative Market

According to Frank Partnoy’s article: Enron and the Derivatives World, Enron structured itself into a derivative trading firm. A Derivative is defined as a financial security instrument whose payoff is linked to another, previously issued security. Derivatives involve the buying, selling, or transferring of risk. Derivatives can be traded in two ways: through unregulated markets and regulated exchanges. Many of Enron’s success with derivatives focused on the unregulated markets (also known as Over the Counter Markets). Enron collapsed due to […]

Enron Filed for Bankruptcy

The research I conducted throughout the semester was an event that happened on the day I was born it’s about the Enron Company, an American energy-trading company based in Houston, Texas that filed for chapter 11 bankruptcy protection on Dec 2, 2001 and ended on October 6, 2002. This event caught my attention because it was a very drastic bankruptcy, sparking one of the largest corporate scandals in the U.S and Texas history. Another dramatic point was that finding out […]

The Enron Scandal a Corporate House of Cards

When most people hear the term Enron, they immediately know what is being discussed. What is being discussed is one of the biggest accounting scandals in the history of the United States, a scandal so popular that it is commonly talked and taught about in schools across the country. The Enron Corporation was one of the largest trading, natural gas and utility companies in the world. It was based out of Texas. Enron, founded in 1985 was one of the […]

About Enron Company

Enron was formed in 1985 as a result of a merger between two companies. The company was first named HNG InterNorth, after the two companies that merged, Houston Natural Gas Corporation and InterNorth, Inc. In 1986, the company was renamed Enron. After being renamed, Enron was known as an energy supplier and trader. In 1990, the CEO and chairman of Enron, Kenneth Lay, created the Enron Finance Corporation. Lay made Jeffrey Skilling the head of the corporation. At the time, […]

Corporate Governance Enron

Department of Economics VALUE CREATION AND THE ROLE OF CORPORATE GOVERNANCE Abstract Corporate Governance is a subject of many professional and academic debates. Since there are many different research and contexts associated with corporate governance problem, then, this topic has continued to be an interesting topic under scrutiny. However, is has been observed that the relationship between corporate governance and value creation of corporation remains as an untapped area with enough consideration. This paper tends to investigate this linkage and […]

History of Enron

Background on the history of Enron: Enron was an American Gas Company that was originally called Natural Gas Company in the early 1930’s. InterNorth was a holding company that was located in Nebraska and in 1979 purchased Natural Gas Company. In 1985, Enron was born following the merger of InterNorth and Houston Natural Gas. Following the merger, in 1987 Enron discovered that oil traders in New York have overextended the companies account by $1 billion dollars, which they were able […]

Fall of Enron

The documentary The Smartest Guys in the Room talks about the corrupt practices by executives of the seventh most important corporation in the United States named Enron and how this led to its bankruptcy. In the beginning this company was only dedicated to the energy business, however, after its consolidation in 1985 with Houston Natural Gas and InterNorth it focused towards other business-related activities. From Enron’s distribution and transmission of energy and gas, to the development of energy plants around […]

Corporate Scandal of Enron

Corporate Scandal of Enron A corporate scandal is a major financial defraument done to a company, a legal entity, by the creations of the law. The scandal in most cases is perpetuated by the insiders of the company, sometimes with the help of outsiders or experts in a specific field. It could be as a result of the an unscrupulous and malicious intentions one of the employees to rob off large amounts of money from the targeted company. Many […]

Possess “Ethical Behavior” Essay Example for Free at Magic Help

Organizations are to be called ethical should possess “ethical behavior”. Ethical behavior is an outcome of the company’s ideal policies, statements and guidelines. There are three theories which provide a framework for judging the ethical nature of an organization: According to the theory of corporate moral excellence, ethical organization is one that is based on moral values. These moral values guide the behavior of the employees in their daily routine. According to the ethics and stakeholders theory, an ethical organization […]

Toxic Masculinity Within Enron and Glengarry Glen Ross

Toxic masculinity is the cultural ideal of manliness, where strength, money, and aggression are everything, while emotions, failure, and supposed feminine traits are considered weaknesses (O’Malley). James Foley’s Glengarry Glen Ross and Lucy Prebble’s Enron deeply explore the impact that toxic masculinity has on corporate culture, and the repercussions that it causes within society. In Glengarry Glen Ross, however, the management forces toxic masculinity down the throats of the salesmen at Premiere Properties, creating detrimental competition for materialistic gain that […]

The Bankruptcy of the Enron Corporation

The bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the disintegration of Arthur Andersen was exposed in October 2001. At that time, Enron was a big audit failure company which fell down too fast. Through this paper, the purpose is to analyze the reasons and aspects that took the firm up to this point, by no applying positively the organizational policies and the Code of Conducts. The Scandal of Enron To review the Scandal […]

A Healthy and Vibrant Economy Finance Essay

A healthy and vibrant economy requires a financial system that moves funds from people who save to people who have productive investment opportunities Mishkin, 2009. Therefore, the first and most important aim of each economy in any country is to preserve a long term economic growth and to maintain efficiency in the lending-borrowing process. For example, if purchasers of securities can distinguish good firms from bad, they will pay the full value of securities issued by good firms, and good […]

Enron’s View of Corporate Governance

Henry Kravis once said, If you do not have integrity, you have nothing. You cannot buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing.(BrainyQuote) Integrity can be defined as, doing the right thing in a reliable way. (Vocabulary.com) This means an organization is willing to be obedient to a set of values. Assuming that the reader knows everything about Enron, and individual should speak […]

Enron’s Accountability

Enron was considered to be one of the largest growing company’s in Texas. The company was also ranked among the top Fortune 500 companies, but that was extremely short lived when the company collapsed under a tremendous amount of debt. This debt was hidden through a difficult and high-tech scheme of off-balance-sheet partnerships. Due to this collapse the company was forced to file bankruptcy, which is turn caused over 4,000 employees and thousands of others lost their retirement funds due […]

Analyzing Netflix’s Growth and Enron’s Demise

Analyzing Netflix’s Growth and Enron’s Demise Using Schein’s Organizational Theory When Reed Hastings and Marc Randolph founded Netflix in 1997, Blockbuster was humming along as the largest video rental company in the United States with a large physical footprint and excellent brand recognition. As a retailer at the time, qualities like these were generally indicative of a healthy business with a positive outlook. Blockbuster exploited their strong position in the video rental industry by stocking their stores with a sparse […]

Unethical Business Practices

Unethical Business Practices at Enron LDR/531 Organizational Leadership August 11, 2011 Unethical Business Practices at Enron Enron Corporation came into existance in 1985 as the result of a merger between InterNorth and Houston Natural Gas. This merger produced the longest natural-gas pipeline network in the United States. Under the leadership of Chief Executive Officer Jeffery Skilling, Enron changed from a gas-pipeline business into a natural-gas and electricity company during the 1990s. By the year 2000 it was the seventh largest […]

Financial Scandals: the Implementation of the UK Corporate Governance Code

Introduction Financial scandals of a business would happen through complex methods of misusing funds or giving incorrect information to mislead public and many others way. The occurrence of financial scandal had brought huge impact to the economy, the revenue of the economy was reduced drastically, escalating unemployment rates and local governments suffer huge losses prior to these financial scandals. The confidence in the business system has been weakened by these incidents and people broached questions with regard to the effectiveness […]

The Quality of Financial Statement

1. Introduction: The purpose of this assignment is investigation how credit crunch issues is widespread in the world and what is the quality of financial statement. This will be shown by analyzing the fraud in financial statement of Enron and WorldCom. 2. Methodology Analysis based on a review of the academic auditing literature, audit reports, together with articles from financial journal. 3. Background: 3.1. The collapse of Enron and WorldCom 3.2. The financial statement Enron Corporate and The methods of […]

Enron Essays