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Essay / Research Paper Abstract
5 pages in length. Enron executives clearly harbored their own personal agendas when it was finally discovered how their unethical behavior was responsible for the company's downfall, which only served to ultimately and completely compromise whatever integrity it may have established over the years. Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: LM1_TLCEthicsEn.rtf
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Unformatted sample text from the term paper:
to ultimately and completely compromise whatever integrity it may have established over the years. Thomas (2002) implies that one of the primary indications of this unethical nature is found
in the blatant disregard for social responsibility Enron displayed, defined as being aware of the impact ones actions have upon the rest of society. Far too many people believe
it is their inherent right as human beings to exercise whatever choices they see fit, in spite of how their selfish actions may cause harm or damage to others.
Indeed, this is precisely the essence of social responsibility: to make a conscious effort to incorporate societys feelings as a whole, rather than merely focusing upon the singular desires of
oneself, which clearly reflects the individualistic point of view of Enrons top management. After its 1985 debut as the outcome of the merger
between Houston Natural Gas - where Kenneth Lay was CEO - and Omaha, Nebraska-based InterNorth, Enron entered into the electricity industry a short nine years later. Shortly thereafter, however,
the company revealed that the bankrupt California utility Pacific Gas & Electric Co. (PG&E) owed some $570 million. What happened from this point forward was the beginning of the
end for Enron. Indeed, the history of Enrons empire is nothing if not prolific. The student will want to discuss that by
using what is termed off-the-books partnerships along with convoluted accounting techniques in order to conceal losses (Berger et al, 2002), Lay and Skilling worked diligently to hide the truth from
employees and investors, who had no idea what was about to occur until it was wholly upon them. December 2001 marked the first time anyone realized what was happening,
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