Avoiding Unethical Behavior in Businesses

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Business Research Ethics Summary The article that was researched is discussing how Jeffrey Skilling (the former CEO of Enron) was sentenced to 24 years for his role in the $60 billion Enron fraud. During the proceedings, he claimed that he is innocent and wanted a chance to further clear him name. Moreover, the remaining $60 million of his personal assets was to cover legal expenses and go into a trust for the employees harmed by the collapse of the firm. This was in response to the arrogance that he had shown during Congressional hearings in 2001 (when he denied any wrongdoing and failed to cooperate). After the announcement, many of the employees were delighted by the sentencing. This is because Skilling was the latest in a series of high profile executives to face justice. His sentencing provides them with a sense of closure about a tragic chapter in their lives. ("Former Enron CEO," 2006) What unethical research behavior was involved? The unethical behavior is that Skilling was encouraging others to engage in illegal activities in order to hide the company's losses. This is because the firm was actively involved in various projects surrounding the deregulation of electricity, natural gas and water utilities. Enron's strategy was to directly own these facilities and their infrastructure. This gave them the ability to distribute these commodities to different markets throughout the US and the world. (Fox, 2003) However, many of the projects the company became
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