Essay on Kenneth Lay

Rise and Fall of Enron

RISE AND FALL OF ENRON By John K In 1985 Huston Natural Gas merged with InterNorth, a natural gas company and decided to come up with a new company name ENRON. It profited by promising to deliver so many cubic feet to a particular utility or business on a particular day at a market price. […]

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Jeff Skilling: Moral Ceo’s

Jeff Skilling was the CEO of Enron Corporation in 2001 and was convicted of multiple federal felony charges relating to Enron’s financial collapse. Skilling was a consultant for McKinsey and Company and worked with Enron in 1987, he helped create a forward market for the in natural gas. Skilling impressed Kenneth Lay and was hired […]

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Personal Ethical Framework

According to Johnson (2012) leaders are powerful role models, and policies will have a little effect if leaders do not follow the rules they set. In Enron case, corruption and ethical misconduct were deeply embedded in their business culture where profitability was more important than ethics. In this paper, I will address the factors that […]

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