You will complete two case studies over the course of the semester. These are to be completed individually. Each case study is found in the textbook and there are questions there to help guide your response. Read the appropriate materials and find other resources beyond what is presented in the textbook.

The Enron case is an example of a scandal of an immense breach of ethical practices resulting in the fall of a major energy provider. The case involves a culture underpinned by incentive schemes rewarding unethical practices. Enron executives engaged in aggressive accounting practices such as the use of mark-to-market valuation on contracts produced artificially large earnings, disguising for some years underlying poor profitability in major parts of the business. Eventually, this led to the demise of the company and the imprisonment of many of the top executives. Students will explore this case representative of a lack of ethical and legal compliance and the far-reaching repercussion for many people and institutions.