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While top executives were cashing in their stock options, knowing the company was going to fall, employees and shareholders were the ones who would take the biggest hit. One of Enron's principles was to offer their employees fair compensation through wages and other benefits; yet that did not end up being the case. While executives were selling their stock options, employees were going to be losing the money in their 401K policies since most of the employees had everything in the company stock options. "In large meeting rooms, just prior to Christmas in 2002, 5,000 Enron employees were informed by members of management that they had received their last paycheck, and they had no news of what might happen to health insurance or any severance pay...
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Common topics in this essay:
- "Wall Street" The business ethics in the movie
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- The Enron Corporation– Dilemma in the Workplace
- The Impact of Ethics on the Enron Corporation
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- Enron's Business Ethics Failure
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