Got a tricky question? Receive an answer from students like you! Try us!

Journalist and Enron - Other types Example

Only on StudentShare
Author : wschmeler

Summary

The Enron scandal was something that rocked the business world and also inspired books and movies based on it. Fake accounts and balances maintained were revealed publically and the bankrupt company, that hid behind the facade of a prosperous one, were exposed…

Extract of sample
Journalist and Enron

He not only performed his duty as a journalist and a responsible media personnel, but also did instil fear in the other big corporations, from indulging in such illegal methodologies. As Enshwiller points out, "The press should be there to examine, questioning, and bring it to the public".
His statement puts forth before us, a larger perspective---the imperative role the media plays, in today's society. This is the Age of Information, and information at its popular best! The media has been rightly accredited with the epitaph of the Forth Estate, next only to the three organs of the government. It functions not only as a source of information and news, but also strives to inform the public about occurrences that often hold widespread importance.
The media, is formed by hard-core journalists and correspondents, who sometimes even risk their lives for the factual representation and exposure of the truth. They strive to present before the public, daily occurrences and other issues of common inetrest and concern, for the betterment of the society. ...
Download paper

Tags

Enron

Related Essays

The 2002 failure of Enron corporation and Arthur Anderson Co, their auditors.
This study discusses what happened with Enron, defines the problems that plague the high profile corporation, present solutions and alternatives, as well as give a sweeping opinion on how the problems could have been solved or avoided in the first place from this researcher's perspective alone.Enron Corporation was an American energy company and considered as one of the world's leading electricity, natural gas, pulp and paper, and communications group of companies. It claimed $111 billion revenues in 2000 and Fortune magazine accorded it "America's Most Innovative Company" for six consecutive…
4 pages (1004 words)
Interpretation of the Enron Story
Considering the unpredictable circumstances and calculated risks, Enron was successful on paper. This was reflected in the financial reports suggesting the extent of growth in the financial capability of the company.…
4 pages (1004 words)
Enron
Within about 5 years of the emergence of the Internet and the Web, electricity consumption linked to this new phenomenon had surged to 8 percent of total consumption. Naturally enough, this caught the eye of the prosperous energy trader down in Houston. How could Enron play in this exciting new game (Jorion 2003, p. 6)…
8 pages (2008 words)
Enron Corporation Article
This proved to be a blatant violation of the accounting rules and eventually led to the mess that resulted in the bankruptcy of Enron and criminal prosecution of several Enron employees. Secondly, Mr. Kenneth Lay held a great deal of responsibility because he spearheaded the overstatement of Enron's income for four years prior to the bankruptcy. This effectively and efficiently led to his conviction for securities fraud, wire fraud and making false and misleading statements. Thirdly, Mr. David Duncan held some of the responsibility because he was aware that there were violations with regards…
2 pages (502 words)
Enron
It was only after the scandal that the government decided to do something about the prevention of possible future crimes that might be committed. Ethical considerations for the case and verdict required that no further information on the criminal case was leaked out into the public. As for justice on the crimes that were committed, the defendants had to pay for their crimes and were sent to jail. As much as they claimed that they were innocent, the jury had found them guilty with no biases made. The victims, although suffered terrible losses in terms of finances in the market, nothing more…
1 pages (251 words)
Enron
Enron also promoted a corporate culture of callousness when it arbitrarily ranked half of its employees as non-performer which it will eventually fire. The other half remaining may have remained in the company but adopted a corporate value system that is virulently greedy and fraudulent as promoted and reinforced by its leadership through its performance appraisals.…
1 pages (251 words)