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Organizational Ethics Issue Resolution A. Term Paper

There are hundreds of firms with methods to keep debts away from headline figures. The president passed a bill that aimed at discouraging corporate fraud, while also ordering a review of the pension regulations at the country. This is the result of the losses suffered by pension holding employees at Enron. Other political reforms include how business funds are invested in political campaigning, the influence of energy companies on the energy policy in the United States, the conflict of interest between consultancy and auditing, and regulations on financial derivative trading.

Despite his personal friendship with Lay, President Bush was quick to distance himself from Enron as soon as the scandal came to light.

The government could however be implicated in the scandal as a result of Mr. Lay's communication with cabinet officers before Enron filed...

The relationship of the Labor party with the company centers around whether this changed the government energy policy. The Conservatives and Liberal Democrats demanded an independent inquiry into the matter.
In conclusion, the Enron scandal remains one of the most devastating of corporate fraud cases. It has been studied not only for its prominence in the history of accounting, but also for lessons in how not to conduct business and accounting.

Sources

BBC News. (2002, Aug 22). Enron scandal at-a-glance. http://news.bbc.co.uk/1/hi/business/1780075.stm

Thomas, Cathy Booth. (2002, Jun 18). Called to Account. Time. http://news.bbc.co.uk/1/hi/business/1780075.stm

Sources used in this document:
Sources

BBC News. (2002, Aug 22). Enron scandal at-a-glance. http://news.bbc.co.uk/1/hi/business/1780075.stm

Thomas, Cathy Booth. (2002, Jun 18). Called to Account. Time. http://news.bbc.co.uk/1/hi/business/1780075.stm
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