Unethical and illegal behavior in corporations
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What factors do you believe motivated the executives at Enron, WorldCom etc to behave in an illegal/unethical manner? Do you think this behavior is more widespread? What changes would you recommend that corporations make to reduce type of behavior in the future?
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Solution Summary
Opinions on what the problems were within well known corporate scandals in terms of ethics and illegal activities. Also an opinion about widespread ethical breaches.
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My opinion:
The factors at Enron included greed and the ability to hide the financial transactions. Also, the nature of the hierarchical structure was also able to hide the misuse of funds and unethical behaviors. The lack of checks and balances allowed for hidden movement, hidden decisions, and veils of secrecy. Additionally there ...
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