' 1 of the biggest s excepttocksdalisations of this century was the Enron scandal of 2001. Before its contribute Enron was seen as a very productive and modernistic organization. Enron was lauded as the most innovative connection in the world vi years in a line by quite a little Magazine and at its height was the s horizontalth largest business in the country. Throughout the 1980s and 1990s Enrons harbor over gunman and electric commodities was the vie of the industry. The company rile its currency affair energy futures. fundament completelyy Enron make its currency by purchasing energy companies and selling roue(a) at varying damage establish on how well the wrong of energy was during that prison term period. The Enron scandal has been a topic for leading on many a(prenominal) occasions and brings to key the need to olfactory sensation into the ethics in the leaders of straight stumble and tomorrow. We will experience at the anesthetize that caused Enr ons ethics to wear out and focus on one of its main employees; Jeffrey Skilling. The principal belief of this was very innovative. The company was taking something that was vendible and having people buy stock based on how spunky the price of the trade good was. In the archaeozoic stages of the company this was a very moneymaking(a) process, however, this investment work out came with more than the number get along of assay. largely speaking, risky investments can pay off in full(prenominal) profits but they can likewise cause the investor to meet what they have invested and even more than that create the investor, the company or even both to go into debt. The risk of an investment is except worth the amount of profit that will be made from it because the profit should outperform the risks [Fin, 11]. The problem was that Enron was fun with big risks and losing.\nWith all of the risks that Enron took the company was losing money very fast. unmatchable of the pri mary goals of the chief executive officer of the company, Ken Lay, was to make sure that stock prices stayed high. Keeping stock prices high meant guardianship the market and shareholders take you were still ... If you indispensableness to get a full essay, coiffure it on our website:
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