Analyze the ethical violations of the company you researched. I’m trying to briefly analyze the

1000 WordsApr 23, 20194 Pages
Analyze the ethical violations of the company you researched. I’m trying to briefly analyze the ethical violation that happened more than a decade ago with company called Enron. It was first established as an interstate pipeline company. In the following 2 decades, Enron grew with high rates and soon became one of the biggest energy traders in the world. Enron won many titles for the short period of time being a leader in electricity, natural gas and communications. Now, let’s switch to negative part of the Enron and see what led this company to ethical violations. Because of an increased tough competition Enron started using international investments and diversification in order to keep its position. Some faulty decisions in management…show more content…
As we researched the consequences were bankruptcy and losing jobs for many employees, not talking about the investors who lost billions. That moment senior management had to take quick specific ways to improve the situation. Firm was already dead by the time SEC started the investigation against top managers who screwed by making fake papers with revenue overstatements. The result of this ethical issue with Enron required the senior management a balanced effort in a way that it could minimize the loss and harm as a consequence from decisions that had been taken by previous management. According to this treatment, when management makes decisions, it has to consider interests of all involved parties who are affected by that changes and choose the actions which can maximize profit and all benefits along with it. They have to do the most good that they can. It is a big ethical dilemma—defending company’s own interest with a predicted damage to all the investors, or simply taking care of most of stakeholder’s benefits and leaving their own short term interest. According to the Utilitarian Theory, the answer is obvious. Immanuel Kant – the biggest philosopher in his theories came up with a standard saying “you cannot use others in a way that gives you a one-side benefit”. Company has to keep in mind

More about Analyze the ethical violations of the company you researched. I’m trying to briefly analyze the

Open Document