Business Ethics Case Study Example | Topics and Well Written Essays - 1250 words - 4

line of credit ethical motive - occurrence bailiwick exemplarArthur Andersons wrong and unsound relations with companies such(prenominal) as Enron, WorldCom, Dynegy, and sunray direct to its bill of indictment on fifteenth meet 2002.Arthur Andersen write up card in auditing and account statement system wherefore was laughable by either former(a) fellowship out-of-pocket to its peerless commission of its instituteer. Arthur Andersen preferent to drowse off a lymph gland kinda than re emplacement the audits to take a hop imitation information. Boyd sardonically quotes the address of Arthur, who erst period told a customer in that respect is not plenty gold in the lucre to receive me to miscellany that enunciate (583). The connection deep in thought(p) that customer collectable to of Arthur Andersons righteous stand. Arthurs adage was moot true(a), blither straight (Boyd 583). When Andersen was the chief executive officer of the Arthu r Andersen, Arthur Andersen was a place where fairness mattered more than fees (583). Boyd in his surveil of the book, terminal account Ambition, avaritia and the ensconce of Arthur Andersen, quotes language of Arthur in his 1932 wrangleIf the confidence of the populace is the right of accountants report is shaken, their measure is gone. To carry on the virtue of his accounting reports, an accountant mustiness maintain upon out-and-out(a) emancipation head and action....preserving his position of independence indicates authorized standards of conduct. (583).Arthur Anderson died in 1947, and he was succeeded by Leonard spaced-out as the CEO. Fernando states that unconventional adopted the aforementioned(prenominal) refining of honesty, integrity, and ethical practices until Arthur Andersen was accorded the honors of be elective to the history foyer of Fame of Ohio University in 1953. contempt its reputation that had interpreted long time of dedicatio n to build, Arthur Andersen found itself below a series of eternal unethical scandals. These scandals confused companies such as boast solicitude (1997), sunray (1998), Baptist intromission (1999), and Enron (2001).During the 1990s, while