Describe the culture at Enron

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Reference no: EM132219030

Write approximately 3-5 sentences for each questions.

1. Describe the culture at Enron. How can Stanley Milgram’s famous “shock” experiment help explain what happened at Enron?

2. Conflicts of interest occur when the personal interests of managers interfere with the personal judgments of managers. Discuss some of the examples of conflicts of interest in the Enron scandal.

3. What were the responsibilities of the accountants of Arthur Anderson? To whom did they owe these responsibilities?

4. Who, if anyone, was harmed by Andrew Fastow’s dual roles as Enron’s CFO and as managing partner of SPEs (“off-balance sheet” partnerships)?

5. Whistleblowing is the process in which an employee informs another responsible employee in the company (or outside agency) about potential unethical behavior. Who was the primary Whistleblower in this case? What are some of the risks involved in “blowing the whistle”? Under what conditions is “whistle blowing” ethically permissible?

Reference no: EM132219030

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