18684. Enron’S Downfall. This paper is concerned with how Enron Corporation, the energy company, experienced a downfall in the fall of 2001, which included scandal, bankruptcy and an SEC investigation on allegations of accounting fraud. The paper includes background information on Enron and the key managerial figures in the case (Kenneth Lay, Jeffrey Skilling and Andrew Fastow). It is argued that Enron’s downfall was mainly due to a corporate culture that emphasized monetary incentives and extreme competitiveness. KEYWORDS: accounting scandal business ethics fraud corporate culture Enron. APA Style. 12 pages, 36 footnotes, 13 bibliographic sources. 2,941 words.
