College of Business Administration

Seminar in Business Ethics and Social Institutions

Case Discussion Questions for August 12, 2003:

1) Is a code of ethics enough to ensure ethical behavior in a company or are other factors essential as well?

2) How has the Enron scandal affected the way companies today administer their code of ethics? (The three P’s of print, post, and pray.)

3) What lead to the rise of Enron? What lead to its downfall? Are these two related?

4) How big of a role did Enron’s code of ethics play in this case?

5) Who was at fault in the Enron case and why? Arthur Andersen, the CEO, the Board of Directors, the employees, the shareholders?

6) What is the government's role in ensuring businesses do not violate their code of ethics? Is the government’s role that of a watchdog? Or are new laws necessary to prevent cases like Enron from occurring in the first place?

7) What, if anything, could have been done to prevent the Enron scandal?

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