Corporate Scandals the Enron Scandal Thesis

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Ethically, the actions of Enron management were reprehensible. From a deontological perspective, they broke laws. From a consequentialist perspective, their actions resulted in significant financial losses for millions of people, job losses for thousands and a loss of public faith in the financial system.

The Enron scandal is perhaps the most egregious misuse of data in recent years. Data was manipulated and/or hidden from those whose job was to analyze the data. Wide-ranging and catastrophic losses resulted from this misuse.

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Had the data been presented factually and honestly, the analysis that flowed from it would have benefited Enron's internal and external stakeholders. The company may have suffered in the short-term but would have been able to survive in the long-term.

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"Corporate Scandals The Enron Scandal" (2009, March 27) Retrieved May 17, 2024, from
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"Corporate Scandals The Enron Scandal", 27 March 2009, Accessed.17 May. 2024,
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