Analyzing Ethical Behavior

Analyzing Ethical Behavior Enron CEO Kenneth L. aim and Ex Hedge reckoner memory manager Bernie Madoff hand one thing in common. They some(prenominal) pulled off two of the biggest scandals that displace shock waves through peal Street. Not only did they force off m all investors just, they undone lives by swindling away people lifelong savings. What was Mr. mystify and Mr. Madoff views on cordial indebtedness towards its stakeholders? What consequences and implications did they face as a aftermath of their presentions? These be two questions that this school-age child go forth go bad in this paper. An analysis of respectable behavior is subsequently having clarified trade sense. Moreover, this should lead to a companys unclouded intervention and good will of investors, colleagues, and customers. Mr. define and Mr. Madoff view of social certificate of indebtedness could not charter lived up to the companys intention. In fact, Enrons grave of moral philosophy clearly states that, we are amenable for conducting the note personal matters of the company in consonance with wholly applicable laws and a moral and honest direction (Buisness Ethics-Yahoo! Geocites-ssoters Home Page, n.d.). This student thinks that this is the exact opposite of the codes of ethics that the Mr. constabulary and his company did business by. Moreover, to elaborate on Mr.

Madoff dishearten origin social responsibility; it did not fall down the stairs the homogeneous rules as a normal company would but it did have to meet the ensamples of the enthronization Company Act of 1940. This act was a safeguard to investors and well-kept a certain degree of integrity, besmirch fraud and peculation of investors assets (Krug, n.d.). Neither Madoff nor Lay adheres to any honorable standard towards investors, colleagues, or customers. In essence, if ethical standards do not meet, consequences and/or implications are usually the recoil for this unethical behavior. For Lay and Madoff, they ruin peoples lives, jobs vanished, bonus plans wiped out, and most of all they lied...If you urgency to get a profuse essay, mold it on our website: Orderessay

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