Wayne B. Alves
ACC291
September 10, 2012
Cameo Christopher
Effect of Unethical Behavior Article Analysis
The 2001 Enron scandal--its financial collapse, criminal trials and bankruptcy, rocked integrated America. As a result, safeguards have been put in billet to detect signs of wrong business behavior and be practices. trance not all unethical business behavior results in falsified accounting documents and securities fraud, there remain many undesirable and unethical behaviors that should be monitored and averted.Â
According to Debra Bacon, an eHow Contributor, states that unethical behavior covers a child handle range of deeds, however, the much common include: sexual harassment, refutation documents, using smart set resources for personal use, taking or misusing company property, basically stealing from the company. Workplace violence is on the exclude and can lead to other unethical behavior like bullying or discrimination. More complicated and often vile behavior could include altering business documents, such as sales receipts, or tampering with accounting methods and reports (ehow.com).
Enron Corporation was an American energy company based in Houston, Texas.
Enron has employed more than 21,000 people and was one of the worlds leading electricity, lifelike gas, pulp and paper, and communications companies. Enron reported that their financial condition was continue by institutionalized, systematic, and planned accounting fraud. There were reports of involving irregular accounting procedures bordering on fraud, perpetrated throughout the 1990s, involving Enron and its accounting firm Arthur Andersen; it stood at the sceptre of the latest bankruptcy in history by mid(prenominal) November 2001. Enrons shares dropped from over $90 to $0.30 per share. Enron had been considered a blue cheque stock, which was an unprecedented and very disastrous financial event in the world. The plunge occurred after it was revealed that...If you want to get a lavish essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment