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Sunday, December 22, 2013

Ethics - Enron And General

A. Ethical Models/Rules/Views The Enron case was very controersial. One of the biggest questions is about how just/un respectable the selects made by the executives of Enron were. There are some(prenominal) variant honorable models/rules/views that you could apply the Enron case and the decision-making performed by the bulk voluminous in the case. One ethical rule is the functional Rule. The introductory principle of this rule is to provide the sterling(prenominal) superb for the greatest number of people. So in applying this rule you could occupy if the executives of Enron, Jeffrey Skilling and batch Lay, made their choice to hide the companys debt and ingest investors into believing the company was thriving based on what would sponsor the greatest number of people. The obvious answer is no. This choice was made to take in themselves at the expense of the 21,000 employees that upset their jobs and the numerous other stakeholders that suffered financial losses. Sometimes using the utile Rule to decide if an act is ethical or non is difficult because it can be hard to decide if the everlasting(a) wound of a some is worth the moderate benefit of totally others. In this case, however, I believe it is very blow over that the harm of the majority was much greater than the benefit of the hardly a(prenominal) executives.
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A nonher ethical rule that you could apply to this case is the quarry lesson Rights Rule. The example Rights Rule defines a decision as ethical if it protects peoples fundamental rights. Under this rule, the decisions made by Lay and Skilling shou ld be the one which protects the rights of a! ll stakeholders of the company. The employees and stockholders on the bum had a right to know the true financial armed forces position of the company because if affects their individual finances and livelihood. Therefore, by the exposition of the Moral Rights Rule, the decisions and actions made by the executives were not ethical. However, they could argue that this is not a fundamental right of the stakeholders and therefore it was not...If you want to get down a full essay, order it on our website: OrderCustomPaper.com

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