THE SCANDALOUS FALL OF ENRON: A Call for Ethical Re-positioning in Business
Business is an art as well as a science. As an art it needs deep concentration and dedication. Its scientific nature demands logic and orderliness. Healthy synthesis of these factors in a harmonious way is very essential for the success of any business. The example of Enron, however, projects a reve...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Dharmaram College
2004
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| In: |
Journal of Dharma
Year: 2004, Volume: 29, Issue: 4, Pages: 467-478 |
| Further subjects: | B
Raising Standards in Business and Ethical Re-positioning
B Significance of Ethical Re-positioning in Business B Fabricated Excellence and Collapse of Enron B Role of Government in the Fall of Enron B Refined Notion of Justice B Immediate Effects of the Fall |
| Online Access: |
Volltext (kostenfrei) |
| Parallel Edition: | Non-electronic
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| Summary: | Business is an art as well as a science. As an art it needs deep concentration and dedication. Its scientific nature demands logic and orderliness. Healthy synthesis of these factors in a harmonious way is very essential for the success of any business. The example of Enron, however, projects a reverse order, that is, it tends to showcase how malpractices can create an apparent boom in business and veil it with fabricated excellence. Such tendencies produce only short-lived bubbles of prestige in business and in society. They are actually deviations from the right track. In such a context, I suggest an ethical re-positioning in business, that is, we have to re-assert the values which enhance business and the well being of society. The relevance of this re-assertion of values is explained here with the example of the scandalous fall of Enron. Though its fall took place a couple of years ago, its ethical implications are still significant for analyses. |
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| ISSN: | 0253-7222 |
| Contains: | Enthalten in: Journal of Dharma
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