Abstract - The Enron scandal is one of the biggest financial scams ever to take place and its root’s lie in the desire of the senior members of Enron to earn as much for themselves as possible and were assisted in this greatly by the negligence shown by their auditor’s and consultants‚ Arthur Andersen. Most of the debts and tangible assets of Enron were on the balance sheet of partnerships that were run by high-ranking officials within the corporation and these partnerships were recorded as related
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TRUISM ABOUT HUMAN NATURE Human Vulnerability - Humans are weak. Their vulnerabilities can be divided into 2. * Physical vulnerabilities * Personal vulnerabilities Physical vulnerabilities: Physical needs can be frustrated by physical privations or traumas leading to acute distress experiences such as hunger‚ thirst‚ cold‚ fatigue‚ the pain of disease or accident or attack‚ sexual tension. In the animal realm there appear to be something like emotional distress experiences involved
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Aristotle Living a human life/human nature Aristotle was a man of philosophy‚ science‚ and mathematics. He used these three tools to explain what he thought the purpose of being a human being was‚ and just what being a human being entailed. To describe what a human being was‚ he came up with many theories‚ which involved friendship‚ happiness‚ and human nature. He also believed that not everyone was a perfect human‚ meaning‚ there were things an individual must do throughout his or her life
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Many have wondered what the true nature of human beings is. The true nature of human beings can be found on religious ways or on their actions. In William Golding’s novel‚ Lord of the Flies‚ he writes of a group of boys that get stranded on an island without any adult. In three documents using knowledge from religion psychology and actions from people we can see that the true nature of a human being is good. Evil is the intent to terrorize or target a helpless person. “Ted Bundy with the blood
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BA 215 Spring 2007 Enron Stakeholder Assignment Enron was a dream come true for a lot of people‚ but it was also a nightmare waiting to happen for many more. I am going to examine the collapse of Enron from the management perspective. The three examples of Enron behaving badly that I am going to study are the incidents in Valhalla‚ the electricity trading in California and the conflict of interest between Andy Fastow and his special purpose entities (SPE). These are just a few cases that led
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“What Went Wrong at Enron?” Trident University International Phillip M. Cherry Module 5 Case Assignment ETH 501: Business Ethics Dr. Michael Garmon March 1‚ 2012 3/1/2012 Introduction In this paper I will provide a critical evaluation of the Corporate Culture at Enron‚ explain how the business ethics and operations were influenced by the corporate culture‚ and what went wrong. In addition
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Immanuel Kant’s philosophical views of human nature and the ethical systems that govern human actions are primarily summed up in his composition of the "Categorical Imperative.” By his own logic‚ Kant attempted to describe the mechanics of nature and the morality of mankind. As Mitchell states: Indeed‚ as Kant showed us‚ the world appears to operate according to the principle of cause and effect‚ and our shared agreement of this interpretation allows us to reason about the world. (Mitchell‚ 259)
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the way humans perceive things‚ which is part of the intricacy of mankind. "During the time men live without a common power to keep them all in awe‚ they are in that conditions called war; and such a war‚ as if of every man‚ against every man." (Hobbes) Hobbes states that Humans are naturally evil and need a powerful government to control them. Is it true? Rousseau thinks otherwise. "In reasoning on the principles he (Thomas Hobbes) lays down‚ he ought to have said that the state of nature‚ being
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Nature v. Nurture 2 "Genes and family may determine the foundation of the house‚ but time and place determine its form." (Kagan‚ Jerome). Even though nature and nurture influence human behavior‚ nature and nurture work together equally in the development of human behavior because both genetics and environmental influences affect the outcome of a person’s behavior and/or personality‚ while neither of the two traits can single-handedly determine one’s behavior and/or personality. The
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very rotten in the state of Enron.” This quote by Michigan Senator Carl Levin is a twist of words from a famous playwright‚ Shakespeare’s Hamlet; “Something was very rotten in the state of Denmark.” From the play‚ this was recited because there was a lot of corruption in Denmark from the betrayal in royalty. In comparison to Levin’s quote‚ there was betrayal of Enron leaders to their employees‚ as well as the company itself. Between the years of 1979 and 2001‚ Enron was known for the largest market
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