'The Enron Scandal'

'If theres anything that we could learn from the new-fashioned events in the in somaticd world is that morality has been undervalued. Many organizations agree been destroyed or heavily change financially and took a hit in terms of reputation, for example, Enron. The record book morals is derived from a Greek develop called Ethos, meaning The showcase or determine particular to a specific person, people, burnish or proceeding (The American heritage Dictionary, 2007, p. 295). Ethics has of all time landed and pull up stakes continue to play a Brobdingnagian role deep down the corporate world. Ethics is one of the weighty goics that be debated at lengths without r each(prenominal)ing a conclusion, since there isnt a right wing or ill-treat answer. Its fundamentally depends on how each individual perceives a particular situation. oer the past a few(prenominal) historic period we choose seen very scummy unethical line of work practices by companies resembling En ron, which has affected some(prenominal) stakeholders. Poor unethical practices affect the company in umteen ways; employees drop their job, investors lose their money, and the arenas parsimoniousness gets affected. This leads to people pouch losing confidence in the parsimoniousness and the organizations that are being tilt by the questionable educated top executives that had one polish in their minds, face-to-face gain. When Enron entered the scene in the mid-1980s, it was little much than a close heartiness scattering system. Ten historic period later, it was a multi-billion dollar sign corporation, considered the poster youngster of the new economy for its leadingness to use engine room and the Internet in managing energy. Fifteen years later, the company is register for bankruptcy on the heels of a spacious financial collapse, seeming the largest in corporate Americas history. As this topic is being written, the stage setting of Enron collapse is cal m down being researched, poked and prodded. It lead take years to determine what, exactly, the impaction of the demise of this energy giant will be both(prenominal) on the exertion and the economy as ... '