The Enron Annual Report

Paper Summary:

The paper examines the Enron report's sections on ethics, corporate responsibility and the organization's policies. The paper shows how the report was simply a fabrication of the truth, published for the stockholders and board members. The paper relates that if there is anything to be learned from Enron's failure, it is what not to do when rising to the top of the corporate ladder. The paper exhorts all business executives not to take their leadership and power for granted and not to use their power for evil gains.

From the Paper:

"This report notes that 2000 marked many changes in the Enron Corporation. They published their first Annual Report, and they even created Corporate Responsibility Task Force. One wonders just what the Task Force actually did, and whether they reported to the Arthur Anderson auditors or Kenneth Lay directly. Whatever they did, they obviously did not accomplish many goals, as the organization's leaders took the company from success to failure in just one short year, and ruined the lives and livelihoods of thousands along the way. If there was any corporate responsibility in reality at Enron, it certainly did not exist at the top, and so, this attempt at placing Enron in a good light is simply a waste of ink and paper."

Sample of Sources Used:

• Editors. (2000). Corporate responsibility annual report. Retrieved from the Enron.com Web site: http://www.enron.com/corp/pressroom/responsibility/CRANNUAL.pdf 13 March 2006.

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