Enron business ethics

Document Type:Coursework

Subject Area:Business

Document 1

This is because the positions of their officers in the company require that they are keen, thorough, and aware and it requires that these corporate executives ensure that the company complies with the law. Additionally, some knowingly misled the audit committee and the board of directors on its flaky accounting practices, such that they were directly responsible for the downfall of the corporation. For instance, the auditor destroyed documents that would serve as evidence in the investigation, yet the destruction of evidence is illegal. Another white collar crime that hit news outlets hard was that of Adelphia, a cable provider in the United States. The company was led to bankruptcy by the founder and his son who served as chief financial officer of the organization embezzled the corporate investor's money and also utilized the organization's money as their own.

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