Business Research: Ethics

Topics: Enron, Fraud, Enron scandal Pages: 3 (877 words) Published: June 30, 2014


Business Research Ethics
In the Webster’s Dictionary, it defines ethics as “a set of moral principles: a theory or system of moral values.” (Merriam-Webster, Incorporated, 2011). Each individual has a moral belief in which they live by, however, in business many unethical business transactions constantly occur. When it comes to unethical behavior in the workplace, many will argue on what is considered ethical and unethical. One person may argue that taking office supplies home from the office is not considered unethical. After all, who would miss a dollar number two pencils? Others may view taking office supplies home as stealing therefore, making it 100% unethical behavior. Example of Unethical research behavior

When you think about unethical practices as it pertains to its effects on business many factors come to mind such as: misrepresentation of financial records for the sake of personal gain, overstating revenue, improper use of funds, overstating the value of corporate assets, and not reporting the correct data for the organization’s liabilities. In recent years, unethical behavior in the workplace has been brought to light due to insider trading, bribery, kickbacks and recently discrimination. When the Eron scandal became public it opened the eyes of many government officials and caused them to dig deeper on the way businesses where practicing ethics within the workplace. Several reports were filed regarding irregular accounting procedures throughout the 1990’s. However, authorities did not have enough evidence to prove the information as being valid. In order for officials to act they had to conduct additional research regarding the business which that included interviews and researching past and present numbers.

The Injured Parties
In November 2001 Enron was at the center of attention as undergoing the largest bankruptcy in history by corporations. Enron executives were charged and convicted of unethical practices such as...

References: (2014, April 4). . . Retrieved from http://en.wikipedia.org/wiki/Enron_scandal
McLean, B. (Year, Month Day). The Smartest Guys in the Room… Retrieved from http://en.wikipedia.org/wiki/Enron_scandal
Dharan, B. G. (Year, Month Day). Enron: Corporate Fiascos and Their Implications. . Retrieved from http://en.wikipedia.org/wiki/Enron_scandal
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