scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 2,153
This paper examines what went wrong inside Enron Corporation The paper presents what went wrong with Enrons decision-making leadership and further uncovers the conflicts that ultimately contributed to the companys demise Review of the companys history and the abundant amount of information available on Enron Corporation this paper exhibits how Enrons executive compensation policies and ineffective shareholder and management alignment allowing for managements excessive stock-option packages had devastating affects on the organization Enron the outcome of a merger between two-gas pipeline companies in the mid eighties skyrocketed into one of the largest companies in America during the late 90s The companies success would later be known as an elaborate scandal Enron misinformed the media about its earnings withheld important information and concealed debt from its accounts As the intensity of the corruption unfolded investors and creditors withdrew driving the company into a chapter 11 bankruptcies in December of 2001 This paper attempts to answer who what and when the company went wrong IntroductionEnron Company was the first major bankruptcy of a large corporate entity in the history of America The Enron downfall stunned the business and financial sectors of the world and had severe lasting effects on the financial markets after news of the companys file for chapter 11 got outAt the time this was the largest bankruptcy ever heard of Hit the hardest were the employees losing millions of dollars in retirement and pension funds after the stock collapsed Arthur Anderson the accounting company used by Enron also collapsed after being convicted for obstruction of justice in connection with services provided to Enron With the help of deceptive accounting techniques and off balance sheet transactions Enron was able to hide large amounts of debtThis study will explore the world of Enron to find out where the letdowns happened could they have been averted and it will look at the story of Enron This paper questions Enrons executive compensation policies and
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA