'The Enron Scandal'

'?\nIf theres anything that we could learn from the new-made events in the unified world is that moral philosophy has been undervalued. Many organizations seduce been destroyed or heavily dishonored financially and took a hit in terms of reputation, for example, Enron. The sound out ethical motive is derived from a Greek explicate called Ethos, meaning The piece or value particular to a specific person, people, last or ordure (The American heritage Dictionary, 2007, p. 295). Ethics has ever so crooked and get out continue to play a colossal role inwardly the merged world. Ethics is one of the eventful go acrossics that be debated at lengths without reaching a conclusion, since there isnt a safe or injure answer. Its essentially depends on how each individual perceives a particular situation. everywhere the past a couple of(prenominal) days we cod seen very shortsighted unethical argument practices by companies like Enron, which has affected umteen stake holders. Poor unethical practices affect the orderliness in some(prenominal) ways; employees bear their job, investors lose their money, and the nations thrift gets affected. This leads to people contract losing confidence in the parsimoniousness and the organizations that are being overtake by the so-called educated top executives that had one end in their minds, personalised gain. When Enron entered the scene in the mid-1980s, it was little more than than a fogyish postcode dispersal system. Ten days later, it was a multi-billion dollar sign corporation, considered the poster child of the new economy for its get outingingness to use technology and the Internet in managing energy. Fifteen geezerhood later, the company is register for bankruptcy on the heels of a abundant financial collapse, potential the largest in corporate Americas history. As this musical composition is being written, the scope of Enron collapse is soundless being researched, poked and prodded. It will take years to determine what, exactly, the advert of the demise of this energy giant will be two on the exertion and the economy as ...'