Enron Ethical Dilemmas

1. The fall of Enron is mainly cause by the leaders which act unethically to their company. One of the big factors for the collapse of Enron is self-interest. Leaders in Enron only care about their own interest instead of their company and employees. Basically they ignore what would bring the pros to their company yet only pay attention to their own benefits. Greedy mind made them lost their interest in working and bring the company to another next top level and also led them to act unethically. Decision made by their leaders did not benefit the company but only themselves is also the factors that led to the failure of Enron.
The leaders also loan from their subsidiaries company without thinking to return it and traded in company stock worth millions dollars with the help of insider information. Some of the federal tax payment also been avoided even though some tax payment were collected from their subsidiaries customer. The …show more content…
They are the market maker for the natural gas derivatives since the federal policies limited the natural gas regulatory constraints to avoid the economic issues happened in the past 1970. Jeffrey Skillng proposes to the CEO Kenneth Lay that they need a gas bank during the era of deregulation and also risk management for their customer. This is counted as a part of Firm of Endearment too since they don’t really care about the profit but more to solving problem with care. This is a good act to their company and there goes the rise of Enron in the late 1980s and early 1990s.
After that, they join in other aspect of the energy market to fully exploit what Skilling said as an “asset light”. Enron was able to learn more regarding the operational feature of different market and prevent from market price dynamics since they learned how to operate well and collected tons of information. All these carried them to their so call successful company during that era in the