Management papers Essay Example | Topics and Well Written Essays - 250 words

Management papers - Essay Exampleplayers in this fraud, the top focussing, preferred their own short-term fiscal profits and stakeholder deceit that destroyed not hardly their business, social and personal reputations and position. Being pressured by Enrons senior management, Arthur Anderson and Vinson and Elkins aided it in its deceit. Thus the fundamental frequency source of fraud was the neglect of organizational and individual integrity capacity. The top management boasted themselves as probable corporate citizens though swindling employees and investors, the executives of Enron were aware of such(prenominal) misconduct still they remained silent and supported the top management thus neglecting the process integrity capacity by neglecting moral awareness, moral deliberation, moral character as well as moral conduct (Petrick & Scherer 39).The Enrons commitment to specific ethics theories, and deformed managerial judgments yielded poor outcomes in treating moral and behavioral c omplexity (Petrick and Quinn 4), thus neglecting the judgment integrity capacity. Moreover, the moral foundation at Enron lacked the system integrity capacity thats why could not constrained the development of such a fraudulent, immoral and il legitimate activities.In order to avoid such frauds in future, the managerial legal duties scope should be enhanced to comprise the democratic participation of institutionalized stakeholder in corporate governance. all level employees and stakeholders should be made accountable for their immoral conduct. An ethical culture should be developed in the organization that is supported by all the member of organization. Such immoral acts should be firmly penalized at all levels and ensured that their reoccurrence is minimized. Employee survey should be taken periodically to ensure that such acts can be account from all levels within the organization. Whistle blowers should be encouraged and