Introduction
Corporate executives are required to maximize shareholder revenue while avoiding agent-principal conflicts, enhancing the reputation of the companies, and conforming to the regulatory standards. The situation in Enron indicates the corporate irresponsibility and managerial negligence that resulted in investor outrage and multiple lawsuits. The shareholders demanded legislation reforms, managerial accountability, and corporate power. The scandal in Enron encircled unethical and illegal activities punishable by law. This essay attempts to evaluate the virtue ethics that apply to the case of Enron.
Body
When it comes to the concept of virtue ethics, the postulates shift from individual, agent-centered, and action-oriented. The theory ...