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Groupthink is a psychological phenomenon that occurs within a group of people ... (Summer 2003). "The Enron board: The perils of groupthink". University of ...
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger.
Also available on the flashy new Enron site is a selection of clothing items on the company store which include stickers ($5), beanies ($30), T-shirts ($40), puffer vests ($89) and hoodies for ($118).
An Enron manual of ethics from July 2000, about a year before the company collapsed. Enron's complex financial statements were confusing to shareholders and analysts. [1]: 6 [10] When speculative business ventures proved disastrous, it used unethical practices to use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.
The Enron scandal was later determined to be “one of the largest corporate frauds in history,” according to whistleblower Sherron Watkins, who recounted warning Enron’s former CEO Jeffrey ...
Enron may be one of the more infamous, but it's just one of many examples of financial chicanery in recent corporate history -- Computer Associates, MicroStrategy, Satyam, and WorldCom are all ...
The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, its audit firm. Enron is considered to be the largest bankruptcy reorganization in U.S. history, as well as the biggest audit failure. [13]
The company's demise was tinged with scandal, as it was revealed that Enron execs... Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...