Enron's Code of Ethics

Topics: Business ethics, Enron, Ethics Pages: 4 (1288 words) Published: October 12, 2012
Codes of Ethic's
September 18, 2012

Codes of Ethic's

This writing will analyze Enron’s Code of Ethics and examine the sections on values and corporate responsibility, it will also use applicable theories and concepts and will detail Ken Lay’s view of ethics and Enron’s corporate social performance, as well as reflect Enron to be socially irresponsible to everyone with any type of financial investment in Enron because of the deception it practiced with employees and investors about its true financial status, despite having stated in its company code of ethics that transparency, integrity, and respect for the law would be the cornerstones of its daily operations. Enron’s values, as stated in the 2000 code of ethics, include the following: respect for others; openness and integrity; a premium on communication; a commitment to organizational excellence; and a commitment to non-discrimination.

As it pertains to corporate responsibility, Enron’s code states that it (or its representatives) will do the following: it will comply with all relevant health and safety laws. It will emphasize safe operations because the company is devoted to protecting the environment, human health and natural resources; and the company pledges to enter into productive partnerships with the communities in which Enron is a part '' partnerships geared towards creating healthy families, and geared towards making the community stronger via education and environmental stewardship (Enron, 2000, pp.5-6). Applicable concepts and theories explain Ken Lay’s view of ethics. For example, the wording of the document is aspirational; it demands that people hold themselves to the highest ethical and moral level and work constructively with partners to forge better communities (for a definition of aspirational, please see Ethics Resource Center, 2009). As well, the code of ethics and it’s values-centered insofar as its ethical ideals are among the first things...

References: Enron Corporation. Ken Lay’s views of ethics (2000). Code of ethics.
Ethics Resource Center http://www.ethics.org/resourves/ethics-glossary.asp
Deontology. (n.d.).Dictionary.com Unabridged (v 1.1).
Dictionary.com website: http://dictionary.reference.com/browse/deontology
National Public Radio. (2009). Fall of Enron. http://www.npr.org/news/specials/enron/
Utilitarianism. (n.d.). Dictionary.com Unabridged (v 1.1).
Dictionary.com website: http://dictionary.reference.com/browse/utilitarianism
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