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Essay

Enron Scandal: Who Are Responsible for Enron?¦s Bankruptcy

Essay specific features

 

Issue:

Business

 

Written by:

Leon C

 

Date added:

July 4, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 711

 

Was viewed:

744 times

 

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Essay content:

(Sherman, 2002, p. 22-28) As an Enron executive, all of his concern should be focus on Enron?¦s profits, but all he cared about was his property. When Kennie Lay noticed Enron?¦s financial problem, he did not attempt to fix it, but made effort to maintain his own benefit and ignored the whole company?¦s and investors?¦ loss...
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His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron?¦s bankruptcy. Therefore, Kennie Lay is one of the causes of Enron?¦s bankruptcy. In addition, auditors also played an important role in Enron?¦s downfall. Auditors who were negligent of their duties caused Enron?¦s bankruptcy...
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