Corporate Interest In Enron

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The south African Human Rights Commission The South African Human Rights Commission is the national institution established to support constitutional democracy. It is committed to promote respect for, observance of and protection of human rights for everyone without fear or favour. This is a public watchdog is part of the government. This commission is to make sure that there is democracy and equity and that the rights and laws of the all the employees and must be adhered too. The business environment is forced to follow the laws that are having been put in place by the government constitution of South Africa. The Share price and Business activities in Enron The Enron stock price was a key fundamental factor at Enron. The company was dedicated…show more content…
Enron’s corporate culture did little to promote the values of respect and integrity. Each of the company’s divisions was forced to fire the lowest ranking of its employees. Employees frequently ranked their peers lower in order to accomplish and get better positions in the company. Enron encouraged people to break rules and inflate the value of contracts even though no actual cash was generated and calling this ‘’virtual profit’’. Enron’s bonus program uses of non-standard accounting practices and the inflated valuation of deals on the company’s accounting books. It bribed auditor’s media and much more in order to get as much financial gain as possible and this was the kind of culture that was present at…show more content…
The companies ethics were compromised in the pursuit to get huge profits and getting rich in term called ‘’ to get rich quick’’. The employees who got the deals would fall into the trap of the executives influencing the prices, and this will supress their morals and ethics being able adjust to business environment and obviously get huge bonuses. The ethics of the business also had many flaws in that it employees were hired prior to how they look and not how much qualification they had. The ethics were misconducted in benefiting mainly hire management which was the so called “Enron way’’. Many employees where blinded by the money and greed lead to bankruptcy and ethics simply thrown out the

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