Unethical Behaviors And Situations Of Conflict Within The Workplace

1572 Words7 Pages
In much of the business world from the past to today, we constantly are exposed to unethical behaviors and situations of conflict within the work environment. Thinking critically about a particular dilemma and whether or not it is ethically wrong takes time and critical thinking. The accountants of Enron could have avoided this situation by stepping in and explaining to their superiors the cost of the long-term consequences compared to the short-term benefits was not worth what they were putting out on the line. By analyzing the Enron scandal there will be a greater ability to know information that will help pin point any unethical behavior that an accountants may experience in their own work life. Justin Schultz, a corporate psychologist…show more content…
By doing this, it would raise their stock prices to look more profitable and desirable to shareholders. The first CEO of Enron was Kenneth Lay, who later resigned and was replaced by Jeffrey Skilling, although Lay stayed on the board of directors. Soon, Kenneth Lay found himself back into the CEO position when Skilling resigned less than a year after he took the position from Lay. The CFO of the corporation was Andrew Fastow, who would later find himself in the middle of this historic case. The accountant in charge of Enron’s financials was Arthur Andersen, who played a significant part in this as well. These men were critical to the operation that Enron was trying to hide from the public, and were very successful at doing so for some time. They were able to make it look like Enron was one of the most successful companies since the turn of the century (Investopedia).
In the early months of 2006, the trial began for Enron’s present and former CEO’s, Kenneth Lay and Jeffrey Skilling. They were both charged with a total of 29 criminal counts, including a conspiracy to hide the failing health of the company by selling a boosterish optimism to Wall Street and the public (NBC). This became a devastating blow to the guilty party who figured they would not be convicted of any crime, or at least only a minimal amount of something that could be paid off. In 2002, Arthur Andersen was convicted for shredding
Get Access