...Enron Company Ethical Issues Case Analysis Format I. Time Context After the scandal revealed on Enron Corporation on October 2001 up until in present time (2014) it is still discussed. II. Point of View Enron was founded in 1985, and as one of the world's leading electricity, natural gas, communications and pulp and paper companies before it bankrupted in late 2001. The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. Although Enron went bankrupt and disappeared ten years ago, the impacts it has made on the ethical standards never faded. It took Enron 16 years to go from about ten billion dollar assets to more than sixty-five billion dollar assets, and took twenty-four days to go bankrupt. (McLean & Elkind, 2004) III. Statement of the Problem The said company projected itself as a highly profitable, growing company – an image which quickly turned out to be an elaborate mistrurth. Enron’s statements about profits were shown to be untrue, with a very big debts concealed so that they didn’t show up un the company’s accounts. Moreover, the company was seen to have been extraordinary active in political lobbying – with large numbers of legislators close to the company in one way or another. This fact had not been enough to save it, but raised...
Words: 377 - Pages: 2
...Module III: Financial Analysis Cost of Project, Means of Finance, Estimates of Sales and Production, Cost of Production, Working Capital Requirements and its Financing, Profitability Projections, Break Even Point, Projected Balance Sheets, Muti Year Projections, Basic Principles for Measuring Project Cash Flows, Components of the Cash Flow Stream, Biases in Cash Flow Estimation Module IV: Project Risk Types and Measures of Project Risk, Sensitivity Analysis, Scenario Analysis, Optimal Timing, Social Cost Benefit Anaysis, Net Benefit in terms of Economic Prices, Measurement of the Impact on Distribution, Savings Impact and its value, Income Distribution Impact, Little-Mirrlees Approach, Shadow Prices Examination Scheme Components CPA TP Q/S A ME EE Weightage (%) 5 5 5 5 10 70 References • Chandra P.(2002), Projects: Planning, Analysis, Financing, Implementation & Review, Tata McGraw-Hill Publishing. • Meredith J.R. & Mantel S.J., Jr.( 2000), Project Management: A Managerial Approach, Ed. John Wiley & Sons. • Machiraju H.R.(2001), Introduction to Project Finance: An Analytical Perspective, Vikas Publishing House Pvt. Ltd. • Patel B.M.(2000),Project Management: Strategic Financial Planning Examination & Control, Vikas Publishing House Pvt. Ltd. • Finnerty J. D.(1996), Project Financing: Asset-Based Financial Engineering, Wiley • Newbold C.R.,(1998), Project Management in the Fast Lane: Applying Theory & Constraints, St. Lucie Press • Anthony R.N. & Govindrajan...
Words: 1846 - Pages: 8
...customers acknowledge its benefits and feel emotionally involved. In this context, we think that the Body Shop has well constructed its brand identity. While competition has been deepening in cosmetic industry and most cosmetic brands are still implicitly conducting animal-testing, the Body Shop has sincerely kept its mission of ethical management and attracted customers. Second, we found that we are all interested in cosmetic brands because we ourselves are consumers of cosmetic companies and purchase their products regularly. Based on these conditions, our group chose 'The Body Shop', which has successfully established its originality with its unique characteristics. 1.2. The Body Shop and Its Missions Driven by the desire to nourish her two daughters with natural products, Anita Roddick established The Body Shop in 1976 in Brighton, England. Since then, the company has expanded its global market share (approximately 2000 outlets in 50 countries). Under its mission statement of "We always keep people, animals and the planet in mind", the company has differentiated itself from the other cosmetic brands by adopting moral values and ideas of ethical management. Selected as the second faithful brand by Consumers Association in England in 1998, The Body Shop has kept its...
Words: 4317 - Pages: 18
...Part 1- Facts of the Case Prior to the Tyco scandal, the company was one of America's largest conglomerates, with operating revenues of 38 billion dollars and 240,000 employees, worldwide. Tyco Laboratories began operations in 1960, performing experimental work for the U.S. government. The firm went public in 1964 and quickly expanded, mostly by acquisition, to exploit the commercial applications of its work. Dennis Kozlowski joined the company in 1975 as an assistant controller. The company subsequently shifted its focus from growth to profits within its three primary divisions: fire protection, electronics, and packaging. Kozlowski joined Tyco's board in 1987 and became president and chief operating officer two years later. Kozlowski engineered a coup to become Tyco's chief executive officer (CEO) in 1992 and the chair of the board in 1993. He diversified the company, branching into health care. Tyco eventually became the second largest producer of medical devices in the United States. On December 5, 2001, the Tyco shares were trading for 59.76 on the NYSE. B. Identification of all individuals or firms who knew about, participated in, or condoned the behavior. The primary people that were identified for responsibility of the scandal were Dennis Kozlowski and finance chief, Mark Swartz. Kozlowski joined the company in 1975 as an assistant controller at Tyco. He worked in the company during a time of rapid expansion and moved to the board of directors in 1987, become CEO in...
Words: 9473 - Pages: 38
...EXECUTIVE SUMMARY Type of Business E.S. Food Corporation is a corporation established in 2013 that will offer a new product and made from vegetables and fish. The company’s goal is to endorse the production of healthy patties made from organic ingredients. Management Highlights E.S. Food Corporation chose corporation as our form of organization. It is formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession. The associates are known as shareholders and each of their shares in the ownership, control and profits of the corporation is determined by the portion of shares in the company that they own. Success of the company will depend on the input, perseverance and endeavour that they will be providing. Marketing Highlights The company focus their energies on the food industry, particularly- burger patties, which is made up of horseradish and mongo beans. It is low in cholesterol, rich in protein and fights against cancer. Our product is new to the food business ventures that may capture the attention of those who are food lovers through with the product’s Unique Selling Proposition. We see this as an opportunity and advantage to generate effectual marketing and advertising. Financial Highlights The study of the financial stability of the company will only consider years 2014 to 2018 financial accounts. The figures we have in...
Words: 8786 - Pages: 36
...RAJASTHAN TECHNICAL UNIVERSITY, KOTA A Project Study Report On Training Undertaken at Indusind Bank logo Titled “BASIC BANKING AT INDUSIND BANK LTD.” Submitted in partial fulfillment for the Award of degree of Master of Business Administration [pic] Submitted To: Submitted By: Ms. Dimple Arya Chandra Sekhar Charan HR Manager MBA IIIrd Sem. 2009-2011 G D MEMORIAL COLLEGE OF MANAGEMENT AND TECHNOLOGY JODHPUR Acknowledgement I take this opportunity to express my deep sense of gratitude, thanks and regards towards all of those who have directly or indirectly helped me in the successful completion of this project. I present my sincere thanks to Mr. Dhruv Jangid (Branch Manager ) who allowed me to take training at INDUSIND BANK. I would also like to thank INDUSIND bank Staff for their wonderful support & inspirable guiding. I am grateful to all faculty members of G.D Memorial College and my friends who have helped me in the successful completion of this project. Last but not the least I am indebted to my PARENTS who provided me their time, support and inspiration needed to prepare this report. Date: Place: Jodhpur Signature Chandra Sekhar Charan Preface This report is prepared as the partial fulfillment for Two-Year degree Program of MBA curriculum of Rajasthan Technical University, Kota....
Words: 11263 - Pages: 46
...A Project Report On A project study on “BANKING AT HDFC BANK LTD.” Submitted by: XXXXXX XXXXXXX XXXXX University, Mumbai MBA in Banking (Finance) DECLARATION I undersigned XXXXX XXXXX student of MBA 3rd semester declare that I have done the project on “ BASIC BANKING AT HDFC BANK LTD.” has been personally done by me under the guidance of Prof. XXXXX XXXXXXX rajkot in partial fulfillment of MBA Program- during academic year-2008-10. All the data represented in this project is true & correct to the best of my knowledge & belief. I also declare that this project report is my own preparation and not copied from anywhere else. Date 10-7-201X Signature XXXXX XXXXXX Acknowledgement I take this opportunity to express my deep sense of gratitude, thanks and regards towards all of those who have directly or indirectly helped me in the successful completion of this project. I present my sincere thanks to Mr. XXXX XXXX (Branch Manager, bhavngar ) who allowed me to take training at HDFC BANK. I would also like to thank HDFC bank Staff for their wonderful€ support & inspirable guiding. I also thank Prof. XXXX sir XXXX, Rajkot & prof XXXX sir knvibm who has sincerely supported me with the valuable insights into the completion of this project. I am grateful to all faculty members of XXXX rajkot and my friends who have helped me in the successful completion of this project. Last but not the least I am indebted...
Words: 12219 - Pages: 49
...TOWARDS UNDERSTANDING STUDENT ACADEMIC PERFORMANCE IN SOUTH AFRICA: A PILOT STUDY OF GRADE 6 MATHEMATICS LESSONS IN GAUTENG PROVINCE A REPORT PREPARED BY THE HUMAN SCIENCES RESEARCH COUNCIL (HSRC) WITH STANFORD UNIVERSITY (IN PARTNERSHIP WITH A CONSORTIUM OF SOUTH AFRICAN UNIVERSITIES AND JET Education Services) 24 APRIL 2008 Table of Contents Research Team, ii List of Tables, iii List of Boxes, iii List of Figures, iv List of Abbreviations, v Note on Terminology, vi INTRODUCTION, 1 1. THE CONTEXT OF THE STUDY, 3 Profiling Public School Teachers in South Africa, 3 Teachers in Gauteng, 8 Curriculum policy, 10 Teacher education, 12 Teacher supervision and evaluation, 16 Socio-economic context of the schools, 17 CONCEPTUAL FRAMEWORK AND METHODOLOGY, 21 General Conceptual Framework, 21 Data collection, 24 RESULTS, 29 Learner and Teacher Mathematics Knowledge, 29 Teacher Content and Pedagogical Content Knowledge, 32 School Socio-economic Level, Teacher Mathematics Knowledge and Student Performance, 35 Teaching Practice and Proficiency in Gauteng Province, 43 Results: Time Segment Summaries, 46 The Mathematical Content of the Lessons, 50 Mathematical Proficiency, 51 Level of Cognitive Demand, 53 The Teacher’s Observed Knowledge, 54 The Relation between Overall Teaching Quality Rating and Teacher, Content and Pedagogical Knowledge, 56 School Principal Results, 58 Regression Estimates of Student Achievement Outcomes, 60 CONCLUSIONS, 68 REFERENCES, 73 APPENDIX 1 : INSTRUMENTS...
Words: 27659 - Pages: 111
...TOWARDS UNDERSTANDING STUDENT ACADEMIC PERFORMANCE IN SOUTH AFRICA: A PILOT STUDY OF GRADE 6 MATHEMATICS LESSONS IN GAUTENG PROVINCE A REPORT PREPARED BY THE HUMAN SCIENCES RESEARCH COUNCIL (HSRC) WITH STANFORD UNIVERSITY (IN PARTNERSHIP WITH A CONSORTIUM OF SOUTH AFRICAN UNIVERSITIES AND JET Education Services) 24 APRIL 2008 Table of Contents Research Team, ii List of Tables, iii List of Boxes, iii List of Figures, iv List of Abbreviations, v Note on Terminology, vi INTRODUCTION, 1 1. THE CONTEXT OF THE STUDY, 3 Profiling Public School Teachers in South Africa, 3 Teachers in Gauteng, 8 Curriculum policy, 10 Teacher education, 12 Teacher supervision and evaluation, 16 Socio-economic context of the schools, 17 CONCEPTUAL FRAMEWORK AND METHODOLOGY, 21 General Conceptual Framework, 21 Data collection, 24 RESULTS, 29 Learner and Teacher Mathematics Knowledge, 29 Teacher Content and Pedagogical Content Knowledge, 32 School Socio-economic Level, Teacher Mathematics Knowledge and Student Performance, 35 Teaching Practice and Proficiency in Gauteng Province, 43 Results: Time Segment Summaries, 46 The Mathematical Content of the Lessons, 50 Mathematical Proficiency, 51 Level of Cognitive Demand, 53 The Teacher’s Observed Knowledge, 54 The Relation between Overall Teaching Quality Rating and Teacher, Content and Pedagogical Knowledge, 56 School Principal Results, 58 Regression Estimates of Student Achievement Outcomes, 60 CONCLUSIONS, 68 REFERENCES, 73 APPENDIX 1 : INSTRUMENTS...
Words: 27659 - Pages: 111