Name: Aya ECH-CHARQAOUY

Course: GBU 330202

Date: 9th of October 2023

Ethics Case #2:

Governance
Selling Enron

The corporate governance is the one responsible for assigning the roles of the board of
directors, executives, and other stakeholders. Which means that it plays a critical role in
ensuring trust of shareholders, customers, employees, and the public by closely monitoring
the company’s operations guarantying ethical conduct and adherence to the common
values. At Enron, the top management had the authority to make crucial decisions but
without a real insight of what’s really going on behind the curtains which allowed the
employees and key executives to exercise substantial control and influence over financial
decisions and operations leading ultimately to the company’s downfall. Also concentrated
authority around whoever maximized the profit.
If I were a young employee at Enron during that time and witnessed unethical conduct
among my colleagues and superiors, the first thing I would do is seek legal consultation If I
believed that the misconduct posed significant legal or ethical risks to the company, I would
quit the company immediately, find myself a new job before I am dragged in whatever they
were doing and distance myself from the wrongdoing and protect my own career.