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Ethical Issues In Enron

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Enron Corporation is one of the companies in the United States suffered from significant losses. Due to the embezzlement of money, the company filed bankruptcy in December 2001 with liability of more than 50 billion USD. The reason of failure of Enron case are related to one of the staff, Jeffrey Skilling who formed the executive staff to find and use the void that exists in accounting, special purpose entities, and production of precise financial statements which can hide billions of debt consequential from the project and agreement that the company failed. Whistle blower according to Harris textbook is ‘‘one who discloses wrongdoing within an organization to the public or to those in positions of authority.’’ It is the term used to protest any ethical issue in organization. Usually, the whistle-blower comes from the insider, the staff of a company. There are 2 characteristic of whistleblowing. First, one exposes information that the association does not want revealed to the public or some authority. Some of information is confidential for organization. They either want to maintain the profit of the company in a good way and health competition or having unethical issue. Second, one does this out of appropriate …show more content…

Morally, to reveal something to the public, it is required to reveal something from your own organization, you are voluntary member of the organization, you believe the organization is engaged in a serious moral wrong, you believe that if you are not revealing the wrongdoing, it will become worst. There are some advantages to the moral justification of whistleblowing. First, avoiding damage or harm to the public is not a motivation for whistleblowing. Second, in order to prevent harm, one does not necessary to work through organizational channels. Third, in order to prevent harm, one does not necessary to be sure as if the harm will definitely happen and worry about the career

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