Development of an ethical core and self-identified values is enhanced through the exploration of issues found in real life situations. For this assignment, each student is expected to read and analyze the case study, titled, The Fall of Enron (Healy & Palepu, 2013), and answer the questions below while showing evidence of critical thinking and application of course content. Please use the appropriate heading for each question and answer
Questions:
1. Heading: Perception of Enron Pre-2000
a. Question: Why was Enron such an admired company prior to 2000?
2. Heading: Reason for Enron’s Failure
a. Why did the company fail?
3. Heading: Analysis of Preventative Measures
a. Why were the company’s internal checks and balances and incentive systems unable to prevent its demise?
4. Heading: What was missed?
a. Why did the external auditors and board fail to prevent Enron’s failure?
Required elements of this assignment include the following:
Introduction to the case – synopsis of the situation
Use of headings (as noted above)
Reference citations (minimum 4) from the lecture are required and other sources (if applicable)
Conclusion
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