Enron

Enron Comp any(prenominal)s Unethical Values Enron corp was an nil conjunction based in Houston, Texas designed in 1985 by Kenneth Lay. In 2001 Enron Corporation went bankrupt; this was the leading bankruptcy in American History. The companion was non doing surface financially executives knew this and decided to change their financial records to cover up this. The executives slowly sold their shares at an deluxe price and knew that they were valueless. When everyone found come to the fore the reality of the fellowship it was similarly late. The share prices dropped and the shareholders upset all of their investments. Thousands of people lost monumental amounts of money, Enron employees had pensions in the stocks that were now gone as well. Enron Corporation went at a lower place and the executives were arrested. There were many a(prenominal) things that led to the eventual collapse of Enron, befoul executives, unethical behavio r, and rapine of laws. Enrons financial statements did not clearly meet its operations and cash in hand with shareholders. They misrepresent earnings and modify the books to plant that they were financial doing well when they were not. The company found ways to plow their losses and exalted the value of contracts.

For years the executives and accountants maintained unethical practices until they could not hide it anymore and where arrested. Enron had a Code of ethics that included respect, integrity, discourse and excellence articulated in which the executives did not represent. When the executives fou nd out they were going bankrupt they lied to! the employees. carnal knowledge them the company was doing great in order to sell sour their shares this would incur them gain money and the ones who bought into this scam lost everything. Enron hardly cared round making their numbers and did so or showed it by any means necessary. They practiced unethical behavior and advance it but warned not to cast down caught and used a crystalize and yank performance system. Innocent people paid...If you want to pose a full essay, order it on our website: BestEssayCheap.com

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