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Essay

enron

Essay specific features

 

Issue:

Business

 

Written by:

Gregory G

 

Date added:

September 20, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

17 / 4481

 

Was viewed:

8553 times

 

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Essay content:

Ethical behavior pays, because society regards it highly, and besides that, it is in line with the Law; such that in a corporation if you are about to do something and you are not to sure as to whether it is legal or not, normally if it is ethical then it is most likely to be legal. Too often people act out of self interest, and forget all other stakeholders when they take any actions representing the corporation, thus many Americans have lost trust in top managers...
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In one instance ethical behavior was totally ignored, and this resulted in catastrophic events taking place. Thousands of people lost their jobs, security, savings, investments, and some even lost or took their own lives. Lussier reports that "Arthur Anderson, an accounting firm lost many of its clients and had to sell parts of its business as a result of unethical behavior during its business ventures with Enron"(61)...
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General issues of this essay:
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