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Comparative Business Ethics and Social Responsibility

Executive Summary of The Influence of Ethical Climates Theory

Corporate social responsibility has been part of responsible and ethical corporate practices for a long. The Enron Company was established in the year 1985 based in Houston, Texas, and was one of the leading natural gas, communications, and electricity, pulp, and paper organizations before its fall. It was nearly commonly considered as America's most ground-breaking organization throughout the late 1990s. It was named as America's most innovative company by Fortune for the future six years in 2000 after it closed its income as $ 101 billion. The main aim of this report was to discuss the failure and bankruptcy of Enron Company in the year 2001. Moreover, it discussed how Enron’s corporate culture leads to its bankruptcy. It also entailed how the bankers, attorneys, and auditors at Enron contributed to its demise. Besides, it d....