Ethical Leadership in Corporate America Essay Example | Topics and Well Written Essays - 6500 words

Ethical Leadership in in merged America - Essay ExampleUnited States ingestes anti-fraud regulations that layabout execute the offenders in the courts of law as criminals of the society. But significant number of fraudulent activities happen in the United States erasing hundreds of billions of dollars of government treasury and public money every year. The Enron fraud revealed the huge extent of intricacy of corporate executives in illegal market manipulations and tampering of financial books & balance sheets that can shake the basics of US economy and in turn the global economy. Ostas. 2007. p.571-578Enron fraud was a significant event in the history that resulted in a mammoth decline of about $1.5 Trillion in the New York nervous strain Exchange alone within an year of their public disclosures which eroded the confidence of the general investors significantly in the United States and rest of world Ostas. 2007. p.571-578. This was one of the most rude shocks to the world about a res publica where ethical conduct is taught as dedicated management subject and Jesuit tradition of education is followed in so many universities. Is America developing bad managers at the academic level or the take a shit environment in the corporations erases their fundamental learning of ethics that they bring from the academic world This is a headway that is not easy to answer but the people of United States and from all across the world build begin to wonder if the corporations of the United States are in the hands of managers that are incapable and selfish that possess very poor self restraint and self reliance and poor (or NIL) dignity towards the nation and its people. In this article, I present a review of the impact of leadership values and ethics within Corporate America taking the events in Enron as the baseline. The article begins with an analysis of the events in Enron and their mapping with the empirical theories of corporate ethics. Further to this, the choices are discussed that management in Enron should have considered to prevent this fraud and the most appropriate alternative is discussed in detail along with its implementation plan. hedge of Contents1.1 Background of the Enron malicious gossip71.1.1 What was the ENRON grunge71.1.2 Brief summary of the issue91.1.3 Sarbanes - Oxley Act and other major changes post Enron Scandal101.1.4 The Problem Statement122.1 Amazing rise of Enron and its fall thereafter132.2 Where did Enron lacked in Corporate Ethics152.3 Linking Enron and the Corporate America with the empirical theories of corporate ethics18Table of embodimentsS.No.Description and Hyperlink in the documentFigure 1The mapping of IT enabled Corporate ecesis with the corresponding attributes (Source IT Governance Institute. 2000)Figure 2The extremely complex transactional framework created by Enron to sell their SPEs (Source Jenson, Bob. at http//www.trinity.edu/rjensen/theory/00overview/speoverview.htm)Figure 3The Critical Thinki ng Model (Source Paul and Elder. 2006. p.3-21)Figure 4The decision making knead that develops the individual traits helping in being more