Case Study Tyco

Running head: CASE STUDIES: ENRON AND TYCO study Studies: Enron and Tyco Charlene Gibbons Grand law University Business Ethics BUS 604 Michael Duckworth August 25, 2010 Case Studies: Enron and Tyco Case 3 - The fall of Enron: A Stakeholder Failure: 1. How did the somatic last of Enron loan to its bankruptcy? I notion that pride ran dusky deep down the corporate culture of Enron. I hope that the Enron Corporation and its executives tangle that they were operating at such a higher spot in the business world, they were operating without regards to the perils of loser or corporate disaster. Enrons corporate culture determined its attention on the executives in the weed and the amount of coin that could be do for them (Ferrell, O. C., Fraedrich, J., & Ferrell, L. 2010). This is shown through the evaluation of Enrons wages plans. These plans tended to show that the corporation was less interested with providing profits for sh arholders, and muc h interested in providing wealth to the executives within the organization. With this information comme il faut public, I feel that this behavior assisted in the goal of Enron, leading to the file of bankruptcy. 2. Did Enrons bankers, auditors, and attorneys contribute to Enrons end?

If so, what was their contribution? Auditors argon responsible for making certain the inborn books and financial statements are accurate; this was also true for Enrons auditor, Arthur Anderson. The reports kept by Anderson was used by to evaluate the risk/reward benefits and financial soundness prior to investing in the company, as well(p) as by investors that h! eld Enron stock to determine if they would carry on investors or not. Many Enron executives admitted to wrongdoings leading to destruction of the company (Ferrell, et. al. 2010). indeed the deprivation of accurate auditing and scandalous behavior did assist it the crepuscule of Enron, in my opinion. 3. What role did the chief financial...If you want to get a wax essay, order it on our website: BestEssayCheap.com

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