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Enron

            Was the failure of Enron the outcome of corporate megalomania (and if so what induces it?) or the consequences of wider political and economic factors?.
             In this essay we shall look at what kind of a company Enron was and try to follow the destructive path that it followed. We shall look at whether or not Enron's failure was due to political and economical reasons or if it was down to the corporate megalomania of it's Chief executive and it's board members. We shall look at what induces corporate megalomania, and what lessons can be learn't from Enron. Intro a bit bigger////also talk about sherron Watkins in intro cos she blew the whistle on them///.
             Thousands of people lost their jobs at enron and in addition loads of people lost their pensions. Enron became one of the biggest fraus in American history. Enron also had a groeth in tec industry internet the character of enron was hugheley emphasised on a corporate culture continue with this .
             Enron was a company that was headed up by its chief executive Kenneth Lay. Lay was a charming man who had excellent inter social skills, particularly within the political circuit of the Federal Government of America. When Enron started in the 1980's it was a company with vision and soon became one of the largest natural gas pipeline companies in America. It was made up of loads of subsidiary companies that created a cross-stitch network of pipeline companies covering America and supplying natural gas through its network. By the mid 1980's Enron had pretty much dominated the pipeline industry in America. On the surface this domination of America that Enron had was limited. They were already the biggest and the best at it, but as they"re pipelines already covered America there was little or nowhere for them to go next. But Enron's vision did not stop there. It was with the deregulation of gas and electricity pricing that Enron truly found its vision starting to take form (Miller & Fusaro 2002:1-10).


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1. Enron

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8. Enron

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9. Why Did Enron Collapse?

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  • Word Count: 1277
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  • Grade Level: Undergraduate

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