Business Law, Public Responsibility, and Ethics Commons^™

Preventing The Next Enron, John Y. Cannaverde

Pell Scholars and Senior Theses

Enron an American energy corporation was involved in one of the biggest cases of corporate fraud of the 21st century. In recent times, corporate scandals have been a major issue of public policy. These scandals have brought into question current legislation and the integrity of businesses. The purpose of my thesis is to portray corporate environments that would be prevalent for fraud and how to prevent it. Establishing a strong ethical business culture is the greatest factor to preventing corporate fraud. Business culture is a mechanism that aligns values of the company with organizational processes and creates a natural selection …