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Enron

Immorality In Enron

When it comes to immorality in the business world of today many people look at Nike or other clothing manufacturing companies that have moved there manufacturing factories out of the United States and moved them into third world countries such as Asia or South America. While this can be considered immoral for different reasons when you look at it from a standpoint of utility the company is doing the right thing. Though it does not sound it the company is doing it to increase there profitability which is in there right as a business to do this they are also helping out a third world country. They are providing jobs for people that live in over populated areas and where jobs are not easy to be found. Many of these peoples families and lives revolve around this manufacturing plant though what may be unethical about this is that the companies are paying these employees next to nothing to run these factories.
An overlooked aspect of immorality or maybe not even overlooked but one that was able to be kept under wraps because the people involved with this immorality had the resources (money, and knowledge) to have it this way. This is immorality was made blatantly clear when Enron Corporation was exposed for its improper accounting practices that lead to the companies bankruptcy, lost of pension plans, and finical stability of the companies employees who had no idea of what the company was doing with their stocks. The key players in the insider trading scandal that lead to the collapse of Enron were Kenneth Lay, and Jeff Skilling. Kenneth Lay who was the founder of Enron and Skilling all denied that they had any knowledge of what was going on with there company or that they had any involvement with it. They are not the only ones who were acting immoral the auditing agency that the company used to do its accounting had knowledge of the companies cover up and they continued to support the company and not report any of this. Until...

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