Stakeholders include any person, group, or organization that has an interest or concern in a particular decision or situation (WebFinance, Inc. , 2015). I have identified four major stakeholders directly involved in the decision I make concerning the chemical refinery. These include: (a) the Navajo nation and surrounding communities, (b) the chemical refinery company, (c) potential shareholders, and (d) me. The Navajo nation and the surrounding communities are extremely impoverished. The…
Realism and Liberalism, two very renowned theories and practices of international relations, which both have different perspectives towards security structure, human rights/nature and international systems. Both of these theories trace back to their intellectual roots. Realism related back to Thucydides’ classic account of the Peloponnesian War in the fifth-century B.C and the liberalist tradition is usually traced back to Enlightenment, which is mainly traced back to main philosophers, John…
bankruptcy in February 12-2001. Enron filed for bankruptcy protection. With assets of $63.4 billion, this is the biggest bankruptcy in U.S history. Many of Enron executives were convicted and sent to jail. Among them, two top leaders Jeffrey Skilling and Kenneth Lay became the hero from "a liar and cheat grand", was bombastic excess health status of the…
1. The history of Enron Prior t its bankruptcy, Enron was one the leading natural gas and electricity companies globally. The corporation also dealt with marketing of natural gas liquids as well as operating one of the leading gas transmission systems globally while also leading other development projects in industrial and emerging markets electricity supplier. The company originated in Omaha, Nebraska USA and was originally known as Northern Natural Gas Company being a merger of three…
The financial indecency performed by Bernard Madoff changed the financial world forever. He is not only former non-executive chairman of the NASDAQ stock market, but the man to operate the largest Ponzi scheme in history. Upon further research relating the awful nature of a Ponzi scheme, many people after the ordeal were hurt and affected closest to him, especially his own children and the individuals following him around the world. This is truly the most deceitful monster like act ever done and…
A CEO took power too far that lead to himself behind bars. Dennis Kozlowski, CEO of Tyco International, and Mark Belnick, former general counselor, were both charged with more than 30 accounts of misconduct. Power lead Dennis to an unethical decision when it came to stealing money from his company and because of his actions, he was arrested and charged with millions of dollars’ worth of fines. Abusing power to benefit yourself only leads to consequences. Company Background . Johnson Controls is…
Enron was one of the biggest corporation in America. The rise, the downfall and the journey of Enron itself can be a big lesson for all the other corporate companies. Big successes usually come from some evil or do bring some evil with it. ‘The Smartest guys in the room’ the title itself clarifies the new and unique strategies brought forward by Enron. People in Enron felt so superior and drunk in the success that they stopped being human and lost humanity. All they could see was money and the…
Entrepreneur Dana Severson spent a week in tears after failure of his crowdfunding startup: Wahooly. The tears led him to an idea that has proven more successful than Wahooly. Severson launched Startups Anonymous, now a popular site for founders’ anonymous gripes, worries and stresses and since January, it has gathered more than 700 confessions, questions and stories (Financial Times). Well emotional factors depend on the individual personality of entrepreneur but some of them broke at failure…
Would you try the no-shower challenge? That is the question that author Katie Maguire asked her readers in the article, “3 Things That Happen When You Stop Showing For A Month”. In this article, Maguire dives into the positive outcomes of not showering for an entire month. She took the results from two journalists James Hamblin and Julia Scott, and compiled a list of three changes their body underwent while going without a shower for 30 days. While reading this article, I was very critical of…
There are lots of reports, attention, and even movies record this famous financial issue. In the movie “Margin Call”, John Tuld (very similar with Richard Fuld, who was the CEO of the Lehman Brother) said, the toxic aspect of its asset make it dangerous enough to death, and will be transferred easy relatively. 2000 is the 150 anniversary of Lehman Brother. The World Trade Center Office of Lehman Brother destroyed in 2001 “9.11”, and move to Manhattan 2002. During 2002, Lehman Brothers build it…