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 Corporation- Dilemma in the Workplace The Enron Corporation (Enron) was once wholeness of the worlds lead energy companies. In December 2001, Enron filed the largest corporate loser conduct in fall in States history. The damp led to investigations of some(prenominal) Enron and Arthur Andersen, an accounting system firm employed by Enron. Investigators focussed on charges that Enron intentionally concealed its fiscal problems, misled investors, and failed to pay income taxes. Enron has interpreted a downward(prenominal) slide since January making their channel worthless today. With vitiate executives and the function of their auditing firm, they have been able to provide investors with false financial information, which gave them a false picture of the lodges true state of affairs. The collapse of Enron has do thousands of employees lose their life savings in 401k plans, and high society stock holdings. Investors were defrauded out of billions of dolla rs and everyone is asking the questions, How did this happen, and can we prevent this from occurrence once again? Company Background In 1930, Yankee inwrought Gas, a Nebraska-based assail pipeline company was founded. By 1950, the company had doubled in size. A ten later, it started touch on and transporting natural gas liquids. The company was renamed InterNorth in 1980 and bought Belco crude inunct three years later. InterNorth also helped build the Northern margin line Pipeline to link Canadian fields with the United States markets. (C-Span.com, 2002) Houston Natural Gas (HNG) formed in 1925 as a confederation Texas natural gas distributor. The company started developing inunct and gas properties in 1953. It bought Houston Pipe Line Company in 1956 and vale Gas Production in 1963. HNG sold its professional dispersal properties to Entex in 1976. In 1984, HNG dealt with a hostile coup detat taste by a competitor and, as a result, brought in a former Exxon executive as... ! If you want to view a full essay, order it on our website: OrderCustomPaper.com

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