Case Study on the Ethical Issues at Enron - 558 Words

Ethical issues at Enron - Deception (Truth Disclosure) there are many instances where the truth was hidden and deception was the goal in order to make more money. The deception within Enron was so thick that even the top Executive believed that they were doing the right thing. They believed their own deceit. Cheating of course is obvious they were hiding money and making or taking from the pot where there wasn’t anything to take due to the future forecasting in the accounting. Side Deals and payoffs were another ethical issues that were blatant throughout the documentary on Enron. Immoral is all I can think of as I watched the documentary from one decision to another more lie and deceit were built to cover other lies and deceit. I really can’t say I can give an example of Amoral or Moral from the documentary at all. One example of Immoral management is the creation of entities in order to hide their financial actions. Stakeholder groups: Financial Institutions - Their stake was in the success of the company. The banks were lied to regarding the true financials of Enron the stock prices were no where near the truth so they were deceived in the successful direction the company was heading when in truth is wasn’t really to successful. Retiree/Employees- 4500 employee lost their jobs, retirees lost their pensions Government - Enron served the public and the government had to handle their mistakes to satisfy the public. Every factor was involved in the collapse of moral atShow MoreRelatedThe Collapse Of Enron And Enron1736 Words   |  7 Pagesused to rank Enron as the most successful business in the United States. The collapse of Enron was shocked the whole world energy trading market. It caused significant losses to investors. In this paper shows analysis reason of factors that lead to Enron demise and also lessons can be learnt from Enron case study. 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