What are the lessons of enron that are relevant today

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Reference no: EM132200851

Question: Please read the up on the collapse of enron and answer these questions.

What is Enron's business? What do they buy/sell? How did they make money?

Be prepared to describe the roles/responsibilities of: (a) Ken Lay, (b) Andrew Fastow, (c) Jeff Skilling.

Why/how did Enron fail? What factors, internal and external, contributed to its bankruptcy?

How would you describe Enron's culture? In what ways might culture have played a role in its collapse?

What is a "special purpose entity"? What is "mark-to-market" accounting?

In what ways are the circumstances in this case no longer relevant to today's business environment? Are there political, legal, technical forces in place currently that would prevent similar events from happening again?

What are the lessons of Enron that are relevant today?

Reference no: EM132200851

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