5. What Does The Scandal Of Enron Tell You About Humankind In Terms Of Thomas Hobbes’ Ethical Theory, ‘man Is The Wolf Of Man’ Or ‘the War Of Everyone Against Everyone’. How Can Society Create A Sense Of Honesty And Ethical Behavior If Big Corporation’s

Running Head : THE ENRON CASE AND HOBBES ETHICAL THEORYThe Enron Case and Hobbes accolade suit equal Theory[Author][University] The Enron Case and Hobbes Ethical TheoryThe Enron s give the sackdal reveals how fewer big companies and corporations back tooth result to acting unjustly for the interestingness of making great profits . The Enron case becomes controversial in much(prenominal) a panache that the U . S . government realizes that corporations and companies could rattling dribble unethically just for money (Dembinski , 2005According to a motif , the Enron executives had measuredly attempted to falsify and fabricate financial reports of the familiarity (Q A : The Enron Case , 2006 . The Enron market sales were not good beautiful to give profits to the party . Because of this , the executives arrived at a sto pping point to mask the financial standing of the company hoping that they would be able to save the companyUnfortunately , Enron did not really recover . It marked fierce losses and debts . The last thing that the company did was to make a partnership with other investors which could pull their market sales up (Q A : The Enron Case , 2006But when the scheme was finally discovered , close to of the executives had already sold their shares to other investors . They had anticipated that whatever the company do , they just dissolvenot save the company anymore . So what they did was to save themselves first . The stakeholders , which include the stockholders , the investors , and the employees were all surprised and anger when they learned ab start the fraud and faction made by the Enron executivesThe casualties of the incident include the losses on the side of both(prenominal) the stockholders and the investors . The employees of the Enron fraternity lost jobs marking the incr ease of unemployment in the landed farming! (Q A : The Enron Case , 2006Using Thomas Hobbes Ethical Theory , it suggests that founding in its state of nature is nasty , brutish , solitary(a) , etc (Dietz , 1991 .

It entails that parade only recognizes thing that would help him preserve himself Hobbes suggests that man has the determination to promote above other things his own interests such that his actions clear be against other individualsIn connection with the Enron case , Hobbes image of worldly concern s State of Nature suggests that it is natural for everyone to al focusings work out of his own advantage or for his own extract than to speci fy of first about others welfare (Dietz , 1991 . Such metaphor can really be seen in the attitude of the executives who performed fraud and gang against the company s stakeholders to save their own welfare firstIn a way , Hobbes ethical theory shows that man , by nature , is vain (Dietz , 1991 . This means that his actions are based on how things would promote his interests and for his selection . As Hobbes points it , all that man does is for his own advantage , and take aim the very act of helping other individuals could also be motivated by the things that could be given to him in a form of rewardtheless , the Enron executives cannot use...If you want to get a full essay, put it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay