ABSTRACT
In the year 2000, Enron was firmly entrenched as one of the most admired firms in America. Fortune magazine had consistently named it the most innovative company in the U.S. as well as one of the 100 best companies to work for. Similarly impressive honors surrounded firms like WorldCom, Tyco, Arthur Andersen, Adelphia, and AIG as well. All were highly respected companies delivering quality, innovative products and services across a variety of markets. Ten short years later, the ethical, financial, and legal scandals that devastated these and other firms demonstrate that this has been perhaps the most turbulent decade for business ethics ever.
