Enron is an example of a firm that ______.
A)had a strong corporate social responsibility position that translated into ethical practices
B)had a weak set of formal ethical positions but was an ethical firm nevertheless
C)a strong set of corporate social responsibility positions that were just greenwash
D)was the first firm to have a chief CSR officer

Question

Quizplus · Accepted Answer

Enron had a strong set of corporate social responsibility positions, but these positions were just greenwash and did not translate into ethical practices. Enron was involved in a massive accounting scandal that led to its bankruptcy in 2001. The company had a weak set of formal ethical policies and was known for its aggressive and unethical business practices.

Enron Is an Example of a Firm That ______