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Case Study

The Enron collapse

By Stewart Hamilton and Inna Francis

26 pages

March 2003

Reference: IMD-1-0195

This case charts the collapse of Enron, examines the role of various parties including senior management, the board and the auditors. It also looks at the complex structures and accounting policies used to artificially inflate both revenues and profits, and to conceal these from shareholders and others. It brings out key learning points on risk management, corporate governance, ethics and controls of a complex enterprise.

Keywords

Corporate Governance, Energy Trading, Energy

Settings

World/global, United States of America
Enron
2001

Type

Published Sources

Available Languages

English, Spanish, Japanese, Russian, Portuguese

Related material

Teaching note

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2004 ECCH AWARD WINNER (Finance Accounting & Control)

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