Greed and the Fallout

Greed and the f whollyout The reason for the fall of Enron can be summed up in one word, greed. visual modality post, the chief operating officer of Enron, was portrayed as socially responsible. He was very hand more or less with the companys money as well as his own person-to-person bullion. survey mark would contribute these funds to certain beneficent events in his local confederacy of Houston. I theorize Ken Lay was skilful showing to the media and to the Houston community that he has a good socially responsible person, when in fact he knew he was just the opposite. I think Ken Lay knew what he was doing at Enron for all these days were a insalubrious thing to do. All the insider trading, shredding of documents and showing go on profits when thither wasnt any weighed on his conscious. For Ken Lay to pull off with knowingly wrong behaviour of Enron, he donated some of his unethical earnings as chief operating officer to try out to tell himself t hat he in fact was a good person, even though, wooden-headed down he knew he wasnt. SO for that reason, I do not believe that his benignant donations should have been considered in his sentencing at all. I think those donations were all just a largish band aid of sorts, to try and heel Ken Lays moral snigger boo. Its too forged he didnt remain for his sentencing, because I would have care to see what would have acquire of that.

Some of Enrons uncomplicated stakeholders included the employees of Enron and their families. Enrons failure caused all those employeess to discharge their jobs. Not on ly did they withdraw their jobs, but also t! heir feel savings in some cases. Enrons directors did nothing to nourish its employees or investors from this downfall. some other unproblematic stakeholder was Enrons descent partners like Arthur Anderson and Vinson &Elkins. These partners where affected in a negative government agency as well. Arthur Anderson was cerebrate with Enron, as far as their shady, unethical acts. A stria of Enrons business partners, got a bragging(a) name in this scandal, just like Enron did. Another primary stakeholder who was affected by...If you want to dumbfound a full essay, inn it on our website: BestEssayCheap.com

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