Case: The Fall of Enron
Please answer the following questions. Limit your responses to four pages double spaced TOTAL for all three questions. They will be graded based on effort, not correctness. These should provide a good foundation for our next class discussion of the case. I may ask other questions as well and take the role of a moderator. But the floor is yours!
1. Why was Enron such an admired company prior to 2000?
2. Why did the company fail?
a. Consider the following areas: accounting issues, firm governance and incentive system, etc.
3. An interesting observation about the case that you would like to share with the class.