Cases of Enron, Arthur Anderson & Martha Stewart

Some executives justifying lying to protect trade secrets, or to maintain a competitive advantage that could affect their ability to remain profitable. There are those, however, who feel that lying calls an individual's�or a company's�integrity into question. If a company is willing to lie about its product, or its plans, or in its advertising, what else does it lie about? This research examines two recent high-profile instances of company executives caught lying, and concludes that lying by company officials cannot be justified.

Martha Stewart was convicted of lying to the government under the False Statements Act. When Congress decided to pursue the case against Stewart, some members announced that the case was more about the integrity of Congressional investigations rather than the specifics of the insider trading case against Stewart (Ramey, 2002).

Stewart continues to deny that she lied about the timing of her trades, but the motivation to lie in this instance could come from several sources. Stewart is CEO of Martha Stewart Living Omnimedia, and hosted a television show as well as

Related Essays

The Enron Collapse .... apply to corporations, their officers and in some cases to the .... the investigation of Enron, it was revealed that Enron's CPA firm, Arthur Anderson, was not .... (3056 12 )

Managerial Ethics: The Case of Enron The recor .... must be done to prevent similar cases from occurring .... what was most disturbing about Enron was that .... certainly true that auditor/account Arthur Anderson made a .... (2419 10 )

Managerial Ethics: The Case of Enron The recor .... must be done to prevent similar cases from occurring .... what was most disturbing about Enron was that .... certainly true that auditor/account Arthur Anderson made a .... (2419 10 )

Secondary Rules in the US .... Legal liability cases where corporations where large .... The attempt of partners at Arthur Anderson to hide .... their fellow partners cost Enron stockholders their .... (2132 9 )

Creating a Corporate Code of Ethics Introduction .... Though many American companies (eg, Enron, WorldCom, Arthur Anderson, and Merrill .... customer and stakeholder confidence and in extreme cases, can have .... (1611 6 )

Category: Government - C