Ethical and Social Consequences of the Enron Scandal

Objectives Understand the ethical and social consequences of decision-making in this case. Assess the ethical business practices of Enron. Research Enron and its actions regarding practices violating business ethics Synthesize the facts and issues in the Enron case and identify the detrimental effects unethical practices have on all stakeholders Brief Description You will complete two case studies over the course of the semester. These are to be completed individually. Each case study is found in the textbook and there are questions there to help guide your response. Read the appropriate materials and find other resources beyond what is presented in the textbook. The Enron case is an example of a scandal of an immense breach of ethical practices resulting in the fall of a major energy provider. The case involves a culture underpinned by incentive schemes rewarding unethical practices. Enron executives engaged in aggressive accounting practices such as the use of mark to market valuation on contracts produced artificially large earnings, disguising for some years underlying poor profitability in major parts of the business. Eventually this led to the demise of the company and the imprisonment of many of the top executives. Students will explore this case representative of a lack of ethical and legal compliance and the far-reaching repercussion for many people and institutions. Submission Instructions Write a report about this case study. Each report should include an introduction and conclusion, should be 4-6 pages (double spaced), 2.54 cm margins (the default on MS Word),The paper should follow the APA guidelines for format and citation. Evaluation Activity/Competencies Demonstrated Grade Content /60 a. Identified the elements of the case study.  b. Evaluate the ethical elements in this case. /10 c. Support the paper with appropriate sources, including at least four academic sources (books or juried articles such as those found in the YU library) d. Identify the impact of the unethical action on all stakeholders. /15 e. Make an argument for the course of action that Enron should take.Communication a. Uses language clearly and effectively /10 b. Information organized intelligently and holistically (i.e. not simply answers to questions)  c. Proper introduction and conclusion to paperAttention to Detail /15 a. APA Formatting (title, headings & references) /10 b. Spelling and grammar