Agency and Stakeholder Theories to the Enron Debacle: An Ethical Perspective Blackwell Oxford‚ Business BASR © 0045-3609 O 1 110 BUSINESS CULPAN riginal 2004 Center UK Article and and Publishing‚ and TRUSSEL Society for SOCIETY Business Ltd. Review REVIEW Ethics at Bentley College REFIK CULPAN AND JOHN TRUSSEL INTRODUCTION W e examine the infamous Enron debacle from an ethical perspective by defining its theoretical underpinnings and analyzing the unethical conduct by top executives at the company
Premium Enron Enron scandal
Insurance Policies‚ Fogcityjournal.com‚ FCJ Stone‚ K understanding of public problems and policies. Retrieved June 7‚ 2012 from http://www2.econ.iastate.edu/faculty/stone/10yrstudy.pdf Top 10 unethical business actions. (2011‚ September 13). Retrieved June 7‚ 2012 from http://listverse.com/2011/09/13/top-10-unethical-business-actions/ sept 13‚ 2011 top 10 TheClinic (2011) Indignación por placa de Pinochet en sede de Wal-Mart‚ TheClinic.cl Trimble‚ Vance H (Dutton‚ 1990) Unknown Wal-Mart Corporate
Premium Wal-Mart Business ethics Ethics
of Enron were the large number of highly complex accounting entries. For example energy traders were required to book all the projected profits from a supply contract in the quarter in which the deal is made. Such accounting procedures are inherently risky as they make assumptions about price forecasts which can drastically affect earnings. Another inherent risk factor is the frequency of related party transactions. The special purpose entities Enron was trading with were created by Enron and
Premium Risk Enron
It was not ethical for Truman to be adopted and used for Reality T.V. Even as a young child‚ cameras had been tuned in for anything that he could possibly be doing all the while not having a single clue that it was happening. Truman was denied to have even a smidge of privacy; whether it was from showering or sleeping‚ people all over the world watched him do it. This can negatively affect Truman because it contradicts the individual rights of a person in a democratic society. Along with having no
Premium The Truman Show Reality television Ed Harris
Many people today think hunting is a cruel and unethical action. Hunting not only provides for families but it is in our history‚ but most importantly‚ it is conservation. It helps maintain healthy animal herds all over the world. Some of the greatest conservation achievements have occurred because of hunting. Hunting is not cruel‚ nor is it unethical‚ if done right hunting is great for all the critters that roam and call the earth their home. Without hunters habitat would get destroyed‚ populations
Premium Hunting Wildlife management Natural resource
this process. However‚ one can reason that disposing of the rejected live human embryos‚ discouraging the sexual fertilization between certain groups of people‚ and regarding people with certain physical and mental traits as being the inferior are unethical. Primarily‚ one can argue that simply “flushing the other embryos down the drain” is the waste of potential human life. Discarding unwanted embryos is the direct result from embryo selection: when a woman’s eggs
Premium Evolution Natural selection Biology
hear the word Enron‚ they immediately associate it with the most important accounting scandal of our lifetimes. Enron was an American gas company that began as the Northern Natural Gas Company in 1931. Internorth‚ a holding company in headquartered in Omaha‚ Nebraska‚ purchased the Northern Natural Gas Company and reorganized it is 1979. Enron arose from the 1985 merger of Houston Natural Gas and Internorth. After building a large‚ new corporate headquarters in Omaha‚ the new Enron named former
Premium Enron
Enron: The Smartest Guys in the Room The Enron scandal‚ revealed in October 2001‚ eventually led to the bankruptcy of the Enron Corporation‚ an American energy company based in Houston‚ Texas‚ and the de facto dissolution of Arthur Andersen‚ which was one of the five largest audit and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time‚ Enron was attributed as the biggest audit failure. Enron was formed in 1985 by Kenneth
Premium Enron Enron scandal
Enron- Examining a Business Failure University of Phoenix Organization Leadership LDR/531 Mr. January 12‚ 2010 Enron- Examining a Business Failure How did a multibillion dollar company arrive to the point of non existence? Was it the lack of organizational structure? Or maybe the lack of ethical management and leadership? One thing is certain and that is Enron has given the world a glance at how a leader within the energy industry‚ could have it all one minute‚ yet in a blink of
Premium Business ethics Management Ethics
well-being. Universities‚ hospitals‚ contract laboratories‚ pharmaceutical companies‚ and government agencies contribute to unethical animal testing. The cruel living conditions and senseless torture of these animals goes unnoticed by the majority of worldwide citizens. It is important that we bring this heinous practice to the attention of those who are unaware of these unethical procedures. Every year in Australia thousands of animals are killed in school‚ college‚ and university courses.
Premium Animal testing