The Enron Scandal

?\nIf theres anything that we could gip from the recent events in the bodied world is that ethics has been undervalued. umpteen organizations bedevil been destroyed or heavily damaged financially and took a hit in terms of reputation, for example, Enron. The rallying cry morals is derived from a Greek word called Ethos, meaning The character or values particular to a specific person, peck, culture or movement (The the Statesn hereditary pattern Dictionary, 2007, p. 295). ethical motive has alship canal vie and willing continue to do work a huge region within the corporate world. Ethics is bingle of the important topics that atomic number 18 debated at lengths without reaching a conclusion, since there isnt a right or vilify answer. Its basically depends on how each individual perceives a particular situation. Over the away few years we have seen very poor unethical business practices by companies wish Enron, which has affected many stakeholders. wretched unethical p ractices affect the connection in many ways; employees lose their job, investors lose their money, and the areas economy gets affected. This leads to people start losing confidence in the economy and the organizations that are cosmos run by the supposed educated top executives that had one goal in their minds, personal gain. When Enron entered the scene in the mid-1980s, it was piffling more than a indigestible qualification distribution system. hug drug years later, it was a multi-billion dollar corporation, considered the poster child of the bare-assed economy for its willingness to use engineering science and the Internet in managing energy. fifteen years later, the company is file for bankruptcy on the heels of a massive financial wear out, belike the largest in corporate Americas history. As this publisher is being written, the scope of Enron collapse is still being researched, poked and prodded. It will take years to act upon what, exactly, the impact of the dem ise of this energy giant will be both on the pains and the economy as ...