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Enron Case Study Analysis Essay - 1713 Words

On Capitol Hill, much of the talk has been of the close links that Kenneth Lay, Enron's chairman, had with George Bush and other Texas Republicans. The press has been burrowing into how often Mr Lay and other Enron bosses called administration officials to beg fruitlessly for help. There has been tut-tutting about congressmen collecting campaign money from Enron, which, far from buying Republicans alone, was admirably bipartisan: three-quarters of the Senate took Enron cash. And public indignation has been roused over how much Mr Lay and his colleagues made from Enron shares, unlike their workers, whose pension funds were largely invested in Enron stock that they were unable to sell in time.

Yet little of this is new. Certainly, Enron's demise confirms some unattractive features of American public life (see ). The campaign-finance system puts too many politicians under obligations to big-business donors: Enron lobbied successfully for exemption from financial regulation for its energy-trading arm, and it also helped to draw up the administration's energy policy. Executive pay and stock options have long given bosses too much for doing too little. Some companies have been at fault in encouraging workers to invest pension money in their shares; after Enron, legislation to limit this is urgently needed. But for the most part, the bankruptcy of Enron was just part of the rough-and-tumble of American capitalism, the most successful system the world has known.

enron scandal Essay - 480 Words - StudyMode

Enron Scandal Essay - Paper Topics

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On the surface, Enron would seem to be one of the most vibrant businesses worldwide; on the core Enron was suffering from bad ethical business practicesThis practice drove up their stock price to new levels, at which point the executives began to work on insider information and trade millions of dollars worth of Enron stock.

Enron Scandal

THE collapse of Enron was spread over several months late last year, when the world's attention was still on Afghanistan. The Texas-based energy-trading giant, once America's seventh-biggest company, declared bankruptcy on December 2nd. Yet it has taken until now for this simmering affair to boil over in Washington, . And, as so often, the ensuing scandal risks focusing on the wrong issues.

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Essay about Enron Scandal - 349 Words - StudyMode


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For 15 years, former assistant football coach Jerry Sandusky used his Penn State University perquisites to lure young and fatherless boys by offering them special access to one of the most revered football programs in the country. He repeatedly used the football locker room as a space to groom, molest, and rape his victims. In February 2001, an eye-witness alerted Penn State’s top leaders that Sandusky was caught sexually assaulting a young boy in the showers. Instead of taking swift action against Sandusky, leaders began a cover-up that is considered one of the worst scandals in sports history. While public outcry has focused on the leaders’ silence, we focus on the talk that occurred within the organization by key personnel. Drawing from court documents and internal investigative reports, we examine two euphemism clusters that unfolded in the scandal. The first cluster comprises reporting euphemisms, in which personnel used coded language to report the assault up the chain of command. The second cluster comprises responding euphemisms, in which Penn State’s top leaders relied on an innocuous, but patently false, interpretation of earlier euphemisms as a decision-making framework to chart their course of (in)action. We use this case to demonstrate how euphemistic language impairs ethical decision-making, particularly by framing meaning and visibility of acts, encouraging mindless processing of moral considerations, and providing a shield against psychological and material consequences. Further, we argue that euphemism may serve as a disguised retort to critical upward communication in organizations.

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