Gibney’s film version of the rise and fall of Enron‚ do you accept Joel Bakan’s argument that the corporation shows “psychopathic” traits? I agree with Joel Bakan‚ however‚ just partially about the corporation Enron showing ‘psychopathic’ traits. Yes there are traits that they were doing unethical actions that completely ruin many people life-long works and their lives; nonetheless‚ in my opinion‚ those actions were intentional. The executives at Enron were gambling intelligently‚ according to the
Premium Enron Business ethics Corporation
Enron and WorldCom Case Study This report is based on the demise of Enron Corporation and WorldCom. Both the firms are demised due to the ethical lapses. These ethical lapses come into existence when managements of the firm‚ uses unethical practices to accomplish the goals of the firm. Maintaining financial and accounting standards in the business practices are necessary. The profession of accounting has become a mockery due to the accounting scandals that took place all over the world in the
Premium Management Strategic management Marketing
and Dominik‚ there is a lot wrong with this situation. Two potential ethical violations that may harm the client is first‚ Kara diagnosing Dominik with ADHD without getting a medical evaluation done first. She may not be that experienced to diagnosis him by what only she observed. Without a medical evaluation to accurately diagnosis him‚ it could cause harm to Dominik‚ fi he does not have ADHA. In the ACA Code of Ethics (2014)‚ code E.5.a‚ proper diagnosis‚ counselors take special care to provide
Premium Ethics Morality
management of Enron including Kenneth Lay‚ Jeffrey Skilling and Andrew Fastow. These managers created a tone at the top of Enron that allowed and encouraged accounting that mislead investors. The audit team at Anderson and especially David Duncan the lead partner for Enron’s audit holds responsibility. Anderson was negligent in finding problematic accounting used by Enron. In addition‚ Anderson made millions on consulting services provide to Enron which makes their independence for Enron come into
Premium Enron Audit Auditor's report
WorldCom was a pre-eminent telecommunications company that dealt with the same ethical issues that many companies deal with today. Ethics is something that comes into play in every businesses day to day operations. A decision is it ethical or not‚ is something that every employee makes in today’s business environment. Ethics is a topic that needs to be talked about and reinforced on a reoccurring basis so that unethical events like what happened in WorldCom‚ do not happen. There were many unethical
Premium Ethics Business ethics
Enron: Tone at the Top The fall of Enron is not just one of the largest bankruptcies in U.S. history‚ but in my opinion‚ a landmark case study of the lack of business ethics in an organization. Enron’s downfall‚ along with the demise of Arthur Andersen‚ one of the largest public accounting firms at the time‚ brought about a swift change in U.S. regulations governing how publicly traded companies reported their financials. While the top brass at Enron pled ignorance to the fact that they had no control
Premium Enron Business ethics Ethics
still being raised concerning the collapse of Enron. The aftermath of Enron’s fall has brought review of the actions that took place prior to the collapse. Many of these questions may be left unanswered. The company’s executive management‚ board of directors‚ and auditors hold the responsibility for the ultimate collapse of a once dominant force in the energy industry. Team A developed several options in a plan that could have possibly helped Enron avoid their demise. The plan is designed to
Premium Management Leadership
The legal aspect is one of the major issues in Human Resource Management. I will look at the other side of violation of employment law. The Family and Medical Leave Act of 1993 permits employees up to twelve weeks of unpaid leave per year for a new baby‚ a sick family member or the employee’s own serious illness. Many companies offer more than what is required by law. For example‚ the law states employees must provide medical certifications of the illness or birth and can also request another medical
Premium Employment Industrial and organizational psychology Privacy
honor than succeed by fraud1.” The importance of values and ethics has always shaped the very fabric of human society. This was evident from the era in which the author of this quote‚ the famous Greek poet Sophocles‚ lived until modern times. In my opinion‚ the famous sayings “honesty is the best policy” and “the truth shall set you free” are invaluable and should be followed by everyone. This pertains to all facets of life and the code of ethics should be practiced and applied by all in the world of
Premium Revenue Income Enron
Four Russian Cross-Country Skiers Banned From Olympics Due To Doping Violations On November 9th‚ 2017 the International Olympic Committee announced that they have banned four Russian cross-country skiers from participating in future Olympic competitions due to doping allegations. Doping is the act of using banned athletic performance-enhancing drugs by athletes to get ahead in competition. Yuliia Ivanova‚ Alexey Petukhov‚ Evgeniya Shapovalova‚ and Maksim Vylegzhanin were found guilty of using banned
Premium United States President of the United States Donald Trump