Visit the library, and locate the following article:
Madsen, S., & Vance, C. (2009). Unlearned lessons from the past: An insider’s view of Enron’s downfall. Corporate Governance, 9(2), 216-227. Retrieved from ProQuest.
The following additional readings may also be helpful to you as you consider the Case:
Chandra, G. (2003). The Enron implosion and its lessons. Journal of Management Research, 3(2), 98-111. Retrieved from ProQuest.
Free, C., Macintosh, N., & Stein, M. (2007). Management controls: The organizational fraud triangle of leadership, culture and control in Enron. Ivey Business Journal Online. Retrieved from ProQuest.
Sims, R. R., & Brinkmann, J. (2003). Enron ethics (or: culture matters more than codes). Journal of Business Ethics, 45(3), 243-256. Retrieved from ProQuest.
In a well-written 4- to 5-page paper, discuss how three virtues apply to the Enron case.
Keys to the Assignment
- Choose three virtues (e.g., justice, fairness, integrity, courage, honor, truthfulness, etc.), and define each using a reputable online dictionary, e.g., http://www.merriam-webster.com/
- Using a section heading for discussion of each of your chosen virtues, discuss how each virtue applies to some ethical issue raised by the Enron case. For example, you might choose “integrity,” in which event you will define what is meant by integrity, followed by a discussion of how the lack of integrity on the part of Enron’s leadership contributed to the company’s accounting fraud. Or you might choose “fairness,” and discuss how the company’s fraudulent activities adversely impacted one or more of its stakeholder groups, e.g., its employees, stockholders/investors, customers.
- Be sure to use at least two sources from the library to support your discussion and analysis (choose sources that are not included in the Background section of Module 2).
- Don’t forget to properly cite your sources – both in-text and as end references!
- You are expected to demonstrate evidence of critical thinking – as defined in the background materials of Module 2 and the grading rubric.