Business Failure

The comp all being analyzed in this paper pull up stakes be Enron. Enron was involved in electrical, communications, pulp and paper, and natural gas. regrettably in 2001 the company was on the brink of bankruptcy and plane the offer to be purchased by Dynegy could not save the organization. Enron was in financial ruins when their stock dropped from $90.00 dollar signs per share to less than a dollar per share. As the organization crumpled a scandalisation was revealed involving the transaction between the accounting firm Arthur Anderson and Enron. While being investigated it was spy that there were irregular accounting procedures done in the 1990?s which included the manipulation of stock prices. Another area that was revealed during the scandal was the management and leadership issues at bottom Enron. In this paper I will identify the failures of the management and leadership of Enron, and how by apply correct and positive organizational behavior and leadership within a management team would have effected the instanter disgraced organization (chron).

Within Enron the executive team wanted to establish an organization which would raise funds for their shareholders. However with the denudation of low stock prices the team decided to take high-pressure measures towards their accounting methods, to make the shares pleasing.

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.

The team counted on a raise of new capital funds and hoped to c all over up any risk to new backers. With the new accounting process in place it became necessary to continue the scam year subsequently year. Regardless of the cover up, the executives of the company wanted to move send on (Time).

Failure of leadership:During the years leading up to the death of Enron the authority of the corporation did not implement their responsibilities. The committee over seeing the auditing of the financial records should have been judgmental on the break being done by the...

If you want to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.