Unethical Behaviors and Factors Contributing to the Downfall of Enron Corporation

Running head: MANAGEMENT
Management
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Table of Contents
Unethical behaviors documented in the film...................................................................................3
Factors in the firm’s environment related to opportunities and threats contributing to unethical
behaviors..........................................................................................................................................3
Internal Factors such as resources utilization and weaknesses contributing to unethical behaviors
.........................................................................................................................................................4
Characteristics of individuals who contributed to the unethical behaviors presented in the
documentary....................................................................................................................................4
References........................................................................................................................................5

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Unethical behaviors documented in the film
The unethical behaviors are related to one of largest business scandals in the history of
America and it sheds light on the collapse of Enron Corporation in US. The unethical behaviors
included involvement of the business in the electricity crisis in California and even other
criminal activities. While interviewing McLean and Elkind along with the former employees and
executives of the company, the details of the business scandal came into limelight. It was just a
matter of 24 days until the business got bankrupt. The unethical behaviors, which led to the
business downfall has been the betting activities on the oil markets and greed for money and then
using the money for offshore accounts management (McLean and Elkind 2013). The reserves
made by Enron were gambled in the oil markets while the unethical behaviors and practices also
included using the accounting limitations by the company for manipulating and misinterpreting
the generated revenues required to make modifications to the balance sheet and provide proof
about good business performance to the Government and regulatory bodies in US.
Factors in the firm’s environment related to opportunities and threats contributing to
unethical behaviors
Jeff was more concerned about development of new ideas and so he was more focused on
new ways of deliver energy rather than allowing physical flow of oil through the pipelines. Thus,
he aimed at making Enron a kind of stock market for natural gas, which could transform the
energy into financial instruments and then traded in oil markets as stocks. It was a whole new
opportunity for earning profit and at the same time, revolutionalise the new idea to deliver
energy by thinking something big (Jurkiewicz 2015). The threat was mainly caused due to mark