HR Crisis Management: an Enron Case Study

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Issue:

Miscellaneous

 

Written by:

Marie H

 

Date added:

September 16, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 913

 

Was viewed:

5539 times

 

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Essay content:

Enron was far more interested in maximizing trading opportunities than producing electricity. Its momentum came not from productive investment or innovation but from financial engineering. Following the company's collapse, Enron has become a by-word for corporate irresponsibility. The financial misrepresentation that covered-up the giant black hole at the heart of the company's finances have fuelled interest in how such corporations can be identified and held to account...
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Enron's statements about profits were shown to be untrue, with massive debts concealed so that they didn't show up in the company's accounts. Not only that, but the company was seen to have been extraordinarily active in political lobbying - with large numbers of legislators close to the company in one way or another...
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