Ethics and Enron

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Title: Ethics and Enron

Essay Details:

Subject: Business

Author: Adam H

Date: July 12, 2011

Level: University

Grade: A

Length: 7 / 1944

Essay text:

Buyers of energy also benefited because Enron could ensure the supply of energy. In 2000 Enron was listed number five on the Fortune 500. What happened to the company which was among the most admired for vision and quality thinking? Enron was the company that held virtual assets and not the real assets, such as power stations, which were capital incentive with low returns and ongoing debt. The decline in the market starting in 2000 uncovered the financial structure on which Enron was built, eventually forcing the company into bankruptcy. The main reason was the Special purpose entities. As per law a company can create SPE for a particular purpose...

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