The Enron Scandal

?\nIf in that locations anything that we could learn from the new-fangled events in the corporate populace is that ethics has been undervalued. Many organizations subscribe to been destroyed or heavy damaged financially and took a hit in cost of reputation, for example, Enron. The word ethical motive is derived from a Greek word called Ethos, intend The character or set grumpy to a precise person, people, culture or movement (The American Heritage Dictionary, 2007, p. 295). Ethics has always played and ordain continue to play a huge role indoors the corporate world. Ethics is 1 of the important topics that are debated at lengths without r to each oneing a conclusion, since in that location isnt a near or wrong answer. Its basically depends on how each individual perceives a particular situation. Over the past fewer old age we have seen precise poor unethical pipeline practices by companies like Enron, which has touch many s get hold ofholders. Poor unethical prac tices affect the society in many ways; employees recede their job, investors lose their money, and the countrys prudence gets affected. This leads to people prick losing confidence in the thriftiness and the organizations that are creation pull back by the so-called enlightened top executives that had one tendency in their minds, personal gain. When Enron entered the jibe in the mid-1980s, it was little more than a stodgy qualification distribution system. Ten old age later, it was a multi-billion dollar corporation, considered the banknote child of the new preservation for its willingness to use technology and the cyberspace in managing energy. Fifteen years later, the company is filing for bankruptcy on the heels of a immense financial collapse, likely the largest in corporate Americas history. As this paper is being written, the scope of Enron collapse is keep mum being researched, poked and prodded. It will take years to determine what, exactly, the trespass of the demise of this energy titan will be both on the industry and the economy as ...