Collapse of Enron

THE COLLAPSE OF ENRON August 11 2008 [Type the come up of the document here. The abstract is typically a short analysis of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] FROM PERSPECTIVE OF CORPORATE GOVERNANCE ? TABLE OF CONTENTS CONTENTS rapscallion NO. Introduction3 Background of Enron3 Enron Business Model4 Summary of proceedings & Partnerships 5 Corporate Governance Issues8 Post-Enron Governance Reforms12 Conclusion13? INTRODUCTION The cryptic of success is h wizsty and fair dealing, Mark Twain, once said. If you preempt fake these, youve got it made. Apparently, that strategy worked at Enron. For three years, Enron was named one of the vitamin C Best Companies to Work for in America. In 2000 Enron received sixer environmental awards. It had progressive policies on climate change, human rights, and anti-corruption. Its chief operating officer gave speeches at ethics conferences and put together a avowal of values emphasizing communication, respect, and integrity. The companys stock was a favorite among socially responsible mutual funds.

After Enrons fall, one of the hotter items on e-Bay was a 64-page paperback, the Enron somatic code of ethics. Never been opened, proclaim one seller, a former employee. Often referred to as the starting line major failure of the New Economy, the collapse of Enron Corporation knocked out(p) investors, accountants, and boardrooms and sent shockwaves across financial markets when the company filed for bankruptcy on December 2, 2001. In addition to crippling investor confidence and agitating questions about the sustainability of a deregulated energy market, Enrons collapse has precipitated a complete reevaluation of both the accounting industry and many aspects of corporate governance in America. BACKGROUND OF ENRON: Enron was founded in 1985 through the merger... If you need to get a full essay, order it on our website: Orderessay

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