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We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Some of these activities included inherent conflicts of interest; others simply caused leaders to have to act counter to their values (loyalty, for example). Cross-cultural differences.
Then again, be prepared for a career brick if things go south. There are also multiple possibilities of potential conflicts of interest that can be hard to resolve. Statistics suggest that a boss-employee relationship is more likely to end up in a happy long-term marriage rather than tearful endings and ruined careers.
Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. There was a conflict of interest in alliance with Enron…not objective enough. Capitalization is stretched beyond limits, and operations advance in a cash-poor mode. The Auditing Firm Employed by Enron.
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