The central text for this project is the film Enron: The Smartest Guys in the Room by filmmaker Alex Gibney. This film investigates‚ documents and then exposes the many moves that led to the collapse of Enron. The director focuses on the chief leaders of the corporation as his principal characters in order to develop the story as a human tragedy. Throughout the course of the film‚ each leading character is revealed. All players were found to be distinct in their strategies and methods. However
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different theorist‚ Jeremy Bentham and Immanuel Kant‚ with regards to their views on moral worth of an action. The idea of good and bad creates heated debates among many‚ but this essay will successfully unravel the layers of Bentham’s theory of Utilitarianism and his belief that all our motives are driven by pleasure and pain. While arguing Kant’s opposing argument that moral worth of an act revolves around democratic attitudes‚ and that moral truths are founded on reasons that is logical to all people
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The collapse of Enron case study Q1. The key stakeholders involved in‚ or affected by the collapse of Enron are: employees and retirees‚ thousands of them lost their jobs and the investment; the executives: Kenneth Lay‚ Jeffrey Skilling and Andrew Fastow they sold significant blocs of company stock‚ have conflicts of interests; government figures‚ Lay had close personal tie with the Bush family‚ Enron’s efforts influence policy making; regulatory authorities: Commodities Futures Trading Commission
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ENRON Enron shocked the world from being “America’s most innovative company” to America ’s biggest corporate bankruptcy at its time. At its peak‚ Enron was America ’s seventh largest corporation. Enron gave the illusion that it was a steady company with good revenue but that was not the case‚ a large part of Enron’s profits were made of paper. This was made possible by masterfully designed accounting and morally questionable acts by traders and executives. Deep debt and surfacing information about
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and a meaningful exercise in self-expression. Others contend that we should vote in pursuit of a democratic ideal‚ and still others argue that we should vote out of respect for those who have defended our rights. As a consequentialist theory‚ utilitarianism is utterly unconcerned with these principle-oriented arguments. Utilitarians are concerned only with maximizing total social utility‚ or the overall well-being of society. Thus‚ utilitarians would assert
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above case‚ we are going to face a dilemma between risking our life to save our colleague or to abandon them in order to save ourselves. This essay will argue that we should abandon our injured colleague and save ourselves base on the concept of utilitarianism‚ which is always choose whatever action or social policy would have the best consequence for everyone concerned‚ self-interest in Mohism and also the uncertainty about consequences in Kantianism. This will be asserted by explaining two main reasons
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Utilitarianism assumes that it would be morally correct for me to employ the water boarding technique on this possibly innocent man if it meant obtaining possible anti-terrorist information that could possibly save thousands of innocent Americans. The ‘greatest good for the greatest number’‚ so they say‚ but is torture really the best way to obtain the best consequence? I will use my take on the Just War model and J.J.C Smarts’ suggestion to focus on all consequences of a situation to argue against
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Utilitarianism is a consequentialist theory that aims to maximize total societal utility. Consequently‚ in determining whether or not there is a moral duty to vote‚ utilitarians would factor in everyone interests — this includes those ineligible to vote‚ noncitizens‚ and future people — to arrive at the total utility calculation. Two types of utilitarians exist. 1) Act utilitarians‚ who act to maximize total social utility‚ and 2) Rule utilitarians‚ who advocate acting according to rules that
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Ayusarita Satriani 311368 – IUP BUSINESS UGM Financial Management ENRON Resources: http://en.wikipedia.org/wiki/Enron_scandal ; http://news.bbc.co.uk/2/hi/business/1780075.stm; http://finance.laws.com/enron-scandal-summary Enron is an energy company that successfully grew from nowhere to be America’s seventh largest company‚ which has 21‚000 staff in more than 40 countries in 15 years. It was one of the world’s leading electricity‚ natural gas‚ communications‚ and pulp and paper companies
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Enron: The Smartest Guys in the Room I. Review of the documentary Enron: The Smartest Guys in the Room is a documentary that was produced in 2005 as a reflection of the 2003‚ bestselling book with the same name. The documentary was written by Bethany Mclean and Peter Elkind. The film‚ produced by Alex Gibney is an explicit demonstration of how reputable corporations can tumble down because of illicit financial management. The film is about the Enron Company‚ which experienced enormous financial
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