The Enron Scandal

Subject  > Businesss Research Papers  > Case Studies

In 1930, Northern Natural Gas, a Nebraska-based gas pipeline company was founded and thus began The Enron Corporation as one of the worlds's leading energy companies. In December 2001, Enron filed the largest corporate bankruptcy claim in United States history. The company's collapse led to investigations of both Enron and Arthur Andersen, an accounting firm employed by Enron. Investigators were alerted to charges that Enron deliberately concealed its financial problems, misled investors, and failed to pay income taxes. Since January, 2001 Enron's image has been tarnished making their stock today worthless. With corrupt executives and the help of their auditing firm, Enron has been able to provide investors with false financial information which gave investors a false ...

... made for a very destructive combination. Anytime management loses sight of ethical business practices and is more concerned with the price of the stock rather than the impact the decisions will have on the future of the company, that company is destined for failure. 1500 Louisiana Street (also known as Enron Tower II or Enron Center South); Houston, Texas. Enron Center North (also known as Enron Building - Four Allen Center) is reflected in the building and is in the right side of this background image. Bibliography 1. C-Span.com. (2002). History of Enron http://www.c-span.org/enron/history.asp 2. Enron.com. (2002). Enron Corporation homepage: http://www.enron.com 3. Enron.com. (2002, February 27). Enron, Houston Astros reach agreement on naming rights: http://www.enron.com/corp/pressroom/releases/2002/ene/19-022702ReleaseLtr.html 4. Enron.com. (2002,

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