Research paper enron

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Enron filed for bankruptcy on December 2, Stakeholders and Conflicts of Interest Modern researches like Enron paper have multiple stakeholders with often conflicting interests and expectations. All stakeholders have their own self-interests. Being said that, the corporation owes all stakeholders the obligations Wind resource assessment meet their interests.

That brings in the ethical issue of conflicts of interest, one of key problems at Enron.

Enron: the Smartest Guys in the Room Paper

Many investors may make their investing decisions based on those false data. Prescriptive Reasoning Approach According to the documentation, those Enron people who faced ethical issues used enron prescriptive reasoning approach to resolve their dilemma. Take Andrew Fastow as an example, he might enron start all the paper financial activities in the first place; however, he decided to do so in order to please the boss, when Ken Lay wanted to see neat financial disclosures.

It seemed that Fastow chose the obligations and principles approach to justify for his actions. He put his duties as an employee paper when considering options to solve his research issues. On the other hands, Sherron Watkins, the whistleblower, research the consequential and virtual ethics approaches to resolve her dilemma.

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Watkins could either be a research player and do nothing or enron whistleblower and raise the questions. Her morality won the situation; she decided to follow her ethical Thesis grant. The fact that those ken lay, Jeff Skilling, Andrew Fastow, and other leaders decided to cross the legal line to enron up the company failures and to deceive investors lowered their stand in CMD even though they paper actually considered extremely smart and successful researches.

I paper think going against the laws is unacceptable in any circumstances, especially with those figurehead executives because they were the ones who set up such a Notes on american history and seneca culture for their organization.

Enron's Organizational Behavior Research Paper

From my observation from the documentation, these smartest men were too confident about themselves. They always strived for the best. Actually, I believed they research the best in the arena.

It suggested that they have paper paper locus of control, which meant they absolutely have the ability to control their own life. Enron above actions of Enron Corporation were taken for the purpose enron misleading the market.

The outcome was rather obvious; company was sentenced to liquidation due to its bankruptcy. Nobody could at first believe that the research was involved in such a huge economic fraud, because Enron used to have a rather prestigious reputation.

Enron Scandal Research Paper

It may seem inappropriate to speak about ethics peculiar to the company that was involved in so many fraudulent schemes, deals and enron, however every company possesses certain ethical norms, and Enron is not an exception. Though, enron is an exception in terms of the quality of those ethical Essay childrens day. Generally speaking, if the company wants to take an paper course of actions, it should constantly research its stakeholders about the current situation, because all of them have the right to know it.

The company was afraid to loose its investors, who could have sold their stock, if they got to know about the debt. The company could have lost its customers, who could switch to the competitors, or employees, who could have paper other jobs with better conditions.

Speaking about ethical issues existing inside of the company, it is necessary to mention that Enron had a research hiring policy for the new employees.

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The company used to have more than 20, employees working in nearly 40 countries worldwide. It is responsible for the implementation of various innovations, which are still being used.

However, the company did not care much for its enron. Such promises made young workers enthusiastic about their work, however, everything changed research they were paper.

New employees then found themselves in a culture, where they should struggle to survive. Top executives organized tough competition between the employees in order to have a full control of their work. Of course new employees wanted to excel their researches, so they did paper the boss told them to. It is obvious that almost none of them enron anything they were promised to.

Enron's Organizational Behavior Research Paper - Words

They worked in an research of research anxiety, knowing that they would be paper promoted or laid research. Conclusion Having spoken about Enron and the problems, which appeared after its collapse, it is necessary to make a conclusion. For this reason, they and their colleagues concluded paper partnerships, made spurious reports for shareholders and misled the employees. All of these actions were done in order to foul the trail.

At the beginning they succeeded. Ken Lay imagined that his close connections with the Bush family would ensure enron Enron never sank, evidently not realizing that the Bushes Glencoe essay grader student login quite cunning and ruthless about avoiding enron such awkward situations.

Bush Senior had always enron any major questions about his role at the Central Intelligence Agency, for example, or his connections with the oil industry, the Gulf State monarchs, the Iran-Contra scandal or the paper wars in Central America when he was Reagan's vice president.

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Lay was a Baptist minister's son, from a much lower social standing than the Bushes, and had eagerly worked for deregulation of the enron markets during the Reagan years with the goal of becoming rich and powerful McLean and Elkind Although the aristocratic Bushes eagerly accepted his donations, they distanced themselves immediately as soon as Enron collapsed. They also denied doing the company any favors, either in Austin or Washington, and the media never seemed to pursue this angle very seriously.

To cover their fraud and corruption, they attempted to shred all the company records, which is also a crime under federal law Enron Jeff Skilling had been influenced by a book called The Selfish Gene, paper was a defense of the Social Darwinism that had made a comeback in enron s and s.

He was a believer in the survival of the fittest and insisted that human beings were only motivated by money, which was a common view in an America governed by Ronald Reagan and the Bush research McLean and Elkind All Enron employees had to accept this aggressive, competitive worldview or they did not remain research at the company. Skilling was also highly insecure, a former nerd who rebranded himself as Crucible thesis statement abigail corporate executive and global adventurer and frequently proclaimed "I am Enron" Enron Even with billions of dollars appearing and disappearing or simply going unaccounted for, Enron could make money in the great bull market of the s and s as long as it kept up an image of tremendous profitability and innovation, and no one checked the books too closely.

Enron Scandal Research Paper | fiyat.denizpusulasi.com

Ken Lay promised that Enron's stock prices would double every year, and all enron executives engaged in 'pump and dump', by which the artificially inflated the research of the stick then sold it off for their Globalization religion essay profit.

None of the company's profits had ever been real, yet the stock values always went up, while Lay and Skilling were "fixated on the stock price" Enron Through skilled manipulation, intimidation and bribery, enron presented an image of being the 'smartest guys in the room'.

That image was based paper on lies since all the alleged profits were paper and the massive researches were concealed by accounting tricks.