Organizational Ethics Issues Resolution Case Study by cee-cee
Organizational Ethics Issues Resolution
A review of the neglect of management integrity capacity with particular reference to the Enron debacle.
# 107357 | 1,553 words | 3 sources | APA | 2008 |
Published on Sep 02, 2008 in Business (Accounting) , Business (Management) , Accounting (General) , Ethics (General)
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The paper discusses how the Enron debacle that occurred in late 2001 illustrated how an ethically unsound business can have devastating and widespread effects on the international business community. The paper continues and reiterates that the reason for the collapse of Enron was an absence of ideation and practice of ethical values. Market failure occurred due to information asymmetries, in which unfairness of the imbalance exceeded simple competitive advantage, while compromising the rights of others. The paper states that six ethical decision-making steps can be applied to the organizational ethics issue of Enron in order to further understand the process involved in solving ethical issues.
Sample of Sources Used:
- Berenbeim, R.E. (2002). The Enron ethics breakdown. Executive Action, 15.
- Petrick, J.A., Scherer, R.F. (2003). The Enron scandal and the neglect of management integrity capacity. Mid-American Journal of Business, 18(1), 37-49.
- Sims, R.R., Brinkmann, J. (2003). Enron ethics (or: culture matters more than codes). Journal of Business Ethics, 45, 243-56.
Cite this Case Study:
Organizational Ethics Issues Resolution (2008, September 02) Retrieved March 22, 2023, from https://www.academon.com/case-study/organizational-ethics-issues-resolution-107357/
"Organizational Ethics Issues Resolution" 02 September 2008. Web. 22 March. 2023. <https://www.academon.com/case-study/organizational-ethics-issues-resolution-107357/>