Case Study

ENRON is a poster child for shareholder wealth and destruction and bad behavior. This case describes the
companys strategy, internal and external governance to allow students to understand why the company
failed. 

Address the following questions:
1. Why was Enron so admired?
2. Why did the company fail?
3. Why were the companys internal checks and balances and incentive systems unable to prevent
its demise?
4. Why did the external auditors and board of directors fail to prevent Enrons future?

Case material
Case material can be found attached.

Report Format
The report has
to be:
1. single line spacing
2. font Times New Romans 11
3. margins should be 1 inch
4. length min 3/max 5 pages (exhibits excluded)