The Misguided Ethics of Enron

Business ethics is the difference between right and wrong in the business realm. The purpose of ethics is to recognize how a situation will be looked at, and resolving them before they become legal problems. Building a business means facing all kinds of ethical decisions. Should you skip a creditor's bill to pay your employees in a cash flow crisis? Help an employee with a problem that is affecting their performance at work? Stretch the …

…of auditing and control that allows such unethical behavior; it is the pressure to make a business look profitable to investors and the greed that comes with power. No matter which laws and regulations are enacted, they are ultimately only as good as the people making and implementing them. Bibliography Author unknown (2001, July). Code of Ethics. The smoking gun. Retrieved April 11, 2004, from the World Wide Web: http://www.thesmokinggun.com/graphics/packageart/enron /enron.pdf