What brought about Enron's Collapse?
Date Submitted: 09/14/2004 16:01:53
What brought about Enron's Collapse?
What brought down Enron? Most X Americans would say that greed brought its demise. I would agree that greed did factor into the fall of Enron, once named "the most innovative company" but further investigation into the company and its business and accounting practices reveal more than greed. Mismanagement of huge proportions, disregard to organization, and financial irresponsibility are amongst key factors of its fall.
Enron wanted to be bigger,
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Works Sited
Fowler, Tim. "Enron Adds Up 4 years of Errors." Houston Chronicle. Jan 2002. http://www.chron.com/cs/CDA/story.hts/special/enron/1625635
Ivanovich, David. "Everybody Knows Enron's Name." Houston Chronicle. Oct. 2002.
http://www.chron.com/cs/CDA/story.hts/special/enron/1625635
Mason, Julie. "Andersen Fires Enron Auditor." Houston Chronicle. Jan 2002.
http://www.chron.com/cs/CDA/story.hts/special/enron/1213582
McNamara, Carter. " Basics- (Definitions and Misconceptions) About Management.
McNamara, Carter. "New Paradigm in Management."
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