The Ethics Code Of Enron

1586 Words7 Pages
Enron’s ethics code Respect, integrity, communication and excellence are the ethics code of Enron. These four aspects have a crucial impact on business ethics. “Ethics requires respect. One cannot exist without the other. Ethical success depends on understanding the profound impact that respect has on your ethics and character.” As Mark S. Putnam said in his article “Respect: The Starting Point for Good Ethics”(2003), we need to make respect our obligation and show everyone a certain degree of respect. All the top executives did not show respect to lower level employees. The only thing they did is to enrich themselves rather than caring about the interests of the employees. Integrity is to act consistently with your principles, values and beliefs.(Lennick and Kiel, 2007, p.80). In other words, we need to stay true to ourselves, our words and our actions. Being aware of what we have done and what we should do in the future. Most importantly, we need to stay true to our moral compass. However, the top executives of Enron have been challenging these codes of ethics. They were engaged in making up financial reports and making misleading statements. Fraud, conspiracy and money laundering are common phenomenon among all the top executives. Communication is supposed to be the exchange of different people’s perspectives throughout the company. While, in Enron, each division and business unit were separate from the others. Very few people actually knew what was going on inside the
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