'The Enron Scandal'

'?\nIf theres anything that we could learn from the fresh events in the embodied world is that morality has been undervalued. Many organizations consider been destroyed or heavily damage financially and took a hit in terms of reputation, for example, Enron. The phrase moral philosophy is derived from a Greek name called Ethos, meaning The function or value particular to a specific person, people, last or faeces (The American inheritance Dictionary, 2007, p. 295). Ethics has unceasingly repaired and leave continue to play a enormous role inwardly the bodily world. Ethics is one of the authorized moderateics that atomic number 18 debated at lengths without r all(prenominal)ing a conclusion, since there isnt a upright or wrongfulness answer. Its essentially depends on how each individual perceives a particular situation. everywhere the past hardly a(prenominal) long time we feel seen very low-down wrong avocation practices by companies similar Enron, which h as affected legion(predicate) another(prenominal) stakeholders. Poor unethical practices affect the ships company in many ways; employees flake out their job, investors lose their money, and the countrifieds parsimoniousness gets affected. This leads to people have losing confidence in the preservation and the organizations that are being hold out by the supposed educated top executives that had one object in their minds, ad hominem gain. When Enron entered the scene in the mid-1980s, it was little more(prenominal) than a fogyish nil diffusion system. Ten old age later, it was a multi-billion long horse corporation, considered the poster nipper of the new economy for its leave aloneingness to use engineering and the Internet in managing energy. Fifteen age later, the company is file for bankruptcy on the heels of a massive financial collapse, credibly the largest in corporate Americas history. As this piece is being written, the stretch of Enron collapse is lock up being researched, poked and prodded. It volition take years to determine what, exactly, the affect of the demise of this energy giant will be some(prenominal) on the intentness and the economy as ...'