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that other entity and realizes the accounting principle shift as discussed by Schmutte and Duncan (2005). The scope of variable i...

merger of Houston Natural Gas and InterNorth in 1985. It was initially a gas pipeline operator and a national gas commodities trad...

as individual isolated actors, but they acted as part of a group reflecting loyalties to colleagues and their commitments which we...

Enron International and Azurix Water, said Enron employees consisted of ex-military, Harvard Business School and ex-entrepreneurs ...

chief accounting officer and former Enron auditor from Arthur Anderson and a number of other executives (FOX News Network, 2005). ...

the epitome of stereotypical masculinity almost to the point of caricature. Skilling once said that he had thought about it a lot ...

Technology advances in mediation software have increased the capability of companies to negotiate within a global business framewo...

to less than $1 (Explaining the Enron bankruptcy, 2002). The companys implosion cost thousands of employees their jobs as well as ...

collapse of the company. One can only conclude that these executives decided that it was worth the risk to take actions that were ...

own stock, upon which they are relying for retirement, in a pension fund. This has raised alarm bells, as other companies can also...

not the least of which includes employees, customers, suppliers, distributors, stockholders, interest groups, legal and regulatory...

an explanation or the auditors may, in extreme cases, may not feel able to certify that accounts as true and accurate. The...

with several different players each able to avoid feeling personally responsible there was a lack of a real moral compass. ...

(Sun, 2006). The author remarks that internal auditors now have rock star status (Sun, 2006). Clearly, auditors are revered and ha...

some time; keeping them off Enrons balance sheet avoided the situation in which Enron would have to list the debt without any prof...

the GEC directors took control of the company, and therefore the accounts this ?10 million profit turned into a $4.5 million loss ...

fraud, and it was with this we might argue there was the first loss of confidence in the auditors. This case limited the liability...

Mention the word "Enron" and what is likely to come to mind is "accounting scandal." Though the period between 2000-2002 brought i...

may have severe problems, but it is in the interests of all parties for the company to gain some portion from creditors to allow i...

the development of the local economy and create jobs (Vachani, 1995). If we look at the situation in India, there is a need for m...

and employees. So, it becomes imperative that when considering the effective management of ethics structures to pay attention to...

to be on a continuing growth streak. Enron did not use proper or prudent caution in their diversification strategies. There did ...

At the time, the SEC had examined the reports of many publicly-held companies and had required more than 100 to restate their resu...

benefit from various government subsidies, it also cheated millions of shareholders using questionable accounting practices design...

as Gap and Nike (Mason, 2000). In some cases, the charges have been valid. Many Asian and other nations see no real...

done to rein them in. Even many business people felt that capitalism had to be saved from itself because it was an economic system...

problems were already apparent. In the annual accounts, debts had been understated and profits had been overstated to the amount o...

Johnson pulled all Tylenol products off the shelf at great cost in order to ensure the safety of consumers. The Company did this,...

those who were relying on the company for pensions, directly or indirectly, those who worked for them, and those who worked for co...

audit functions were in accordance with Generally Accepted Accounting Principles (GAAP), hiding debt in dummy corporations, as wel...