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 […]
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 […]
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Get started“Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and business organizations as a wholeâ€. (www.wikipedia.org) “Business […]
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 […]
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 […]
The purpose of this research paper is to analyze the relation between financial institutions, stock markets and economic growth. Its majorly the study of the causality relationship. Do stock markets and financial institutions affect positively or negatively the economic growth? However, how economic growth can have an impact on stock markets and financial institutions? After […]
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, […]
Using class material, newspapers, academic articles and government/specialized reports, compare the US corporate governance system with the French system of corporate governance and explain the key differences and common points you identify. As we wish to compare the American and French model of Corporate Governance, we will do so by stating common points or differences […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
