RES/351
1/16/2012
Unethical Issues in Business Research
There are some(prenominal) companies that nominate in the past done many unethical things. Enron is the most prominent one out there. Their executives not completely deceived the customers, they also deceived their own employees nigh how the company was doing. They said they were doing capital to catch the rootage prices up. They did no research in this. They didnt take into account what may happen or happened in this case. They didnt ask questions; they just did what they wanted not opinion about the consequences. They thought they could just change the numbers to get extra money while putting their own stock back on the market. They also had their accountants lie about loses they were having. As people were try to buy stock at this time, the executives and accountants were trying to get rid of their stock to get money back. As they did this the stocks started to go down. As it dropped past what they thought, this set up a red flag and their accounting books were looked at more closely.
This not only blemish the customers who had put their money into Enron stock, but the employees who rigid their pensions into stock. The employees lost all of their money when the information came to light.
They also had hurt the families of employees. As they lost their pensions and jobs because the company was broke, employees were very upset with the executives. The executives yet hurt themselves and their own families as well. The families were harassed by the media to get together if they had known if their husband or wife knew what they were doing. The executives tried to aviate but they were caught and placed in jail. The executives didnt think about any of this as they also involved their accountants to cover up loses. Accountants also have a code of ethics they should have followed but they didnt. They went for the quick cash. Accountants involved also were sent to jail. As people took loses, their...If you want to get a full essay, enact it on our website: Orderessay
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