Ethical and moral values provide a foundation to society on how to function, live, and work within the society. Determining the degree to which business has complier with established standards has presented a real problem. As seen through corporate corruptions such as Enron, without an ethical foundation, organizations collapse. In the article "Accounting issues at Enron", Reinstein and Weirich (2002) stated that "many executives at Enron and Andersen focused on the "letter of the law" rather …
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showed last 75 words of 689 total
…recruiting and retaining top-quality people and fostering a more satisfying and productive work environment for employees. Management should maintain the trust of employees to ensure continued self-regulation. Organizations need to legitimize an open dialogue concerning ethical issues and providing ethical guidance and resources for employees before making difficult decisions. Reference: Reinstein, A., & Weirich, T. (2002). Accounting issues at enron. CPA Journal; Dec2002, Vol. 72 Issue 12, p20, 6p, 1 diagram. Retrieved October 9, 2005 from EBSCO Host research databases.