Sunday, January 5, 2014

Enron

Corporate Social Responsibility:- The Enron case was one of the sizablegest examples of coordinated fraud that has occurred in the past twenty years. Not and the company lied about what it was doing, but it destroy the lives of so some(prenominal) hard working employees who had given years of divine help in the company. The company had published a social and environmental report, in which it is shown that what they atomic number 18 doing about environmental impact, its employee relations and participation relations programs and its anti-corruption and bribery policies. In those reports chief operating officer described how they are following their vision and values. For example, they show interchangeable respect with communities and bear how stakeholders affected by the companys operations. They observe the impacts of the follow of argueing on the environment and on society. Trying to improve cognitive process and encourage business partners and suppliers to matc h the same standards. But with all(a) these policies and programs mentioned in their report, they did not follow it. So . It will be right to affirm that Enron did not show social responsibility. The graduation reason wherefore they didnt show social responsibility is that they fooled the hoi polloi that worked for them. So many another(prenominal) workers had their retirement accounts linked to investments that Enron had made.
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20000 employees bemused their jobs and health check insurances. Employees lost $ 1.2 gazillion in retirement funds and Retiree lost $2billion in pension funds. Enron was a Flourishi ng company that was save button up in the ! future. Enron was struggling to make bills and in reality it was going to be bankrupt soon. The minute reason that they were not socially responsible was that they lied to so many people. Normally it seems that lying is not a big pickle but in reality they are handsome ill-use information to many people. The main thing is that it sends the abuse pith to kids because it shows that lying is the way to move forward. It shows to other companies that the regulations call back nothing. It besides shows...If you want to get a full essay, arrangement it on our website: OrderCustomPaper.com

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