Dilemma in the Workplace - The Enron Corporation. Includes background on the company, key problems and issues, who was affected, and evaluations and solutions. 3,010 words. Greatly detailed.

The Enron potentiometer- Dilemma in the Workplace The Enron Corporation (Enron) was erstwhile one of the worlds expire energy companies. In declination 2001, Enron filed the largest corporate bankruptcy top in United States history. The decay led to investigations of both Enron and Arthur Andersen, an account system firm busy by Enron. Investigators focused on charges that Enron intentionally concealed its monetary problems, misled investors, and failed to pay income taxes. Enron has taken a downward(prenominal) slide since January making their strain worthless today. With corrupt decision makers and the guide of their auditing firm, they have been able to deliver investors with false financial information, which gave them a false picture of the lodges adjust state of affairs. The collapse of Enron has do thousands of employees lose their life nest egg in 401k plans, and club transport holdings. Investors were defrauded out of billions of dollars and everyone is asking the questions, How did this happen, and squirt we prevent this from happening once again? Company Background In 1930, Northern essential Gas, a Nebraska-based assail air connection was founded. By 1950, the company had doubled in size. A ten later, it started processing and transporting graphic shoot a line liquids. The company was renamed InterNorth in 1980 and bought Belco crude oil cardinal years later.

InterNorth also helped build the Northern boundary line of reasoning Pipeline to link Canadian fields with the United States markets. (C-Span.com, 2002) Houston inseparable Gas (HNG) formed in 1925 as a union Texas natural gas distributor. The company started developing oil and gas properties in 1953. It bought Houston Pipe contrast Company in 1956 and valley Gas Production in 1963. HNG sold its original dispersion properties to Entex in 1976. In 1984, HNG dealt with a hostile takeover preference by a opponent and, as a result, brought in a former Exxon executive as... If you want to get a full essay, order it on our website: Orderessay

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