Friday, August 23, 2019
Reaction Writing # 2 Essay Example | Topics and Well Written Essays - 250 words
Reaction Writing # 2 - Essay Example In 2001, SEC started investigating Enronââ¬â¢s accounting practices. In this case charges were as manipulating the accounting rules and the masking of enormous liabilities and losses. The CEO, CFO and other key leaders were charged bank fraud, conspiracy, money laundering and insider trading. The downfall of Enron and its leaders imprisoned is one of the most reported ethical violations. Ethical violations yielded to the companyââ¬â¢s insolvency as well as destroyed a very large audit firm called Arthur Andersen (Forbes, 2013). If I was a manager, be it a top or middle position, I would make sure that I have influenced all those below me to be ethical regardless of the unethical practices carried out by top managers. This is because every organization needs a top management that is ethical in accordance with the companyââ¬â¢s ethical approaches. The top management in turn influences the middle management who in turn influences the other employees. The shareholders have always expected the executive management to be ethical but it is not always the case. Therefore, if I mange to influence all the employees to be ethical, it would be very easy to bring to justice all the violators and avoid leading the company to
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