ethics article

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Title: ethics article

Essay Details:

Subject: Business

Author: Mary C

Date: April 15, 2016

Level: University

Grade: A

Length: 3 / 841

Essay text:

In other words, the accounting firm of Arthur Andersen utilized unethical accounting practices to hide company debt. Senior officers within the Enron Corporation were allowed to cash out stock options while employees' 401(k) accounts were frozen. Employees of the Enron Corporation were assured of financial stability, yet Enron declared bankruptcy shortly there after (Baset, 2002). Arthur Anderson accountants and officials within the Enron Corporation decided to waive a code of ethics because of the potential interference with making a profit. As we have seen with many corporations such as Enron, Tyco, and WorldCom, good ethics does not always account for good business...

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