of Enron Crisis
1. Window dressing settlement
Enron's nontransparent financial statements did not clearly detail its operations and finances with shareholders and analysts. In addition, its complex business model stretched the limits of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its pe
standard for the quality management of business. It makes standardization of system, computerized every database, enhancing work efficiency and quality, providing same quality service.
(2) Technical Skills
CESCO constructs the biggest institute of insect control technology and only production line by itself in Korea. The institute has and hold about 100 master or doctor researchers and 2,193 ty
of order system and the participant is emphasized and from the government demand receives and the side is strong. Is like this the self-support enterprise goes through a institutional process and adheres in compliance with being understood with local resident systematization and area direction of a ceremony the enterprise operates from institutional inside and, 5 standardization enterprises in co
construction, and it is almost impossible to have negative value of equity.
If we look at the graph above, we could identify again, that construction company like GS construction is highly dependent on debt financing. Its value ofoperating profit/costof interest is less than 10, because it has huge amount of interest raised by debt. Value of the same index for NHN corporation, however,