Enron Corp. was one of the world's largest energy, commodities and services companies.

Case Study Outline

Enron

Team D

Michael Kozup

Pamela Hart

Ronald Haskell, II

PHL 323 Ethics in Management

Facilitator: Frank Campbell

University of Phoenix-Online

March 3, 2003

Outline

I. Identifying the Problem

A. Symptoms Enrons problems

B. Problematic theories to Enrons problems

II. expel problems

A. Accounting Practices.

B. Roles of Key Players.

III. Analysis of the Problem

A. Causes of the problem.

B. Ethical Theories

IV. Alternatives

A. Alternative actions per contrasting theories.

B. Corrective actions per theories.

Abstract

Enron Corp. was one of the worlds largest nothing, commodities and services companies in the first place its Chapter 11 failure filing, it marketed electrical energy and natural gas, delivered energy and other physical commodities, and provided financial and risk management services to customers worldwide. Based in Houston, Texas, Enron was organize in July 1985 by the merger of Houston Natural Gas and InterNorth of Omaha, Nebraska. initially a natural gas pipeline company, Enron rapidly evolved from delivering energy to brokering energy futures as energy markets were deregulated. The company began marketing electricity in 1994 and entered the European energy market in 1995 (CNN.com). What then went wrong with Enron, we will attempt to analyze.

Identifying the Problem

Enron is the story of the largest bankruptcy theme in U.S.



history thus far that has cost thousands of employees their jobs and their retirement. Enron, by means of a variety of accounting tricks relating to partnerships, inflated their profits and get down their debt. They misled their employees investors and the general public about the companys financial condition. Once those off-the-book partnerships were exposed, the rump dropped out, with Enrons stock plummeting from almost $80 to less than $1 a share. Enron executives reaped millions through these partnerships and by selling off stock before the demise, while Enron employees lost much of their retirement and investors lost millions...

If you desire to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper