Deviance and social controlĭeviance is the violation of cultural/social norms intentionally. The film visually demonstrates how other corporations in the fields of accounting, auditing, banking, or brokerages could have profited from lying to the public on the true financial position of their companies. The film demonstrates clearly how a company can collapse and bring down many innocent victims with its collapse.
#Enron the smartest guys in the room book movie
In addition, the movie uses video and audio clips of the exact business environment. The movie’s theme of exposing a negative corporate culture image is perfect since it uses a real-life example. It took a long time for the employees to ever question the moral grounds under which they performing these tasks. Using the Milgram formula for increased profits, Enron employees were constantly asked to perform immoral business practices.
In so doing the company would create an unnecessary demand for the power and thus the company would ship back the electricity at a higher price. Since the movie uses actually recorded video clips from Enron employees, viewers can actually hear as the company employees discuss how they will transfer power from California in order to cause blackouts. This atmosphere at the workplace caused people to, not only not care about the law but also actively compete in breaking the law. In this film, the filmmaker shows the audience how the vitality curve( a measurement of the proportion of production a worker provides as compared to other workers) the application of this principle was so serious at Enron that workers who could not produce almost 1000 times their salary could end up being fired. In the analysis, the filmmaker tried to show how the two concepts can be used to the benefit of the company owners but to the detriment of the workers. The movie aims at presenting two mechanisms of promoting a highly profit-driven and hugely immoral corporate culture (that of the Milgram experiment and the vitality curve). The filmmaker’s intended message was on the issue of corporate culture and especially the inherent problem of corruption associated with it. In addition, the company (Enron) was heavily involved in the California energy crisis between20, which at one time affected more than 1.5 million power consumers in San Francisco.
In the ensuing investigations, the companies involved with other companies caused serious challenges as the suit led to the dissolution of the Arthur Andersen accounting firm. According to company directors and Wall Street reports the company filed for bankruptcy in 2001 after it was revealed that its perceived financial position was mostly sustained by institutionalized and systematic accounting frauds. It was one of the world’s leading companies in the fields of pulp and paper, electricity, communications, and natural gas. The Enron Corporation was an American energy-based, corporation based in Houston Texas. The movie analysis the circumstances that led to the collapse of one of Americas largest corporations (Enron corporation) Small history The book is a dramatization of the study of one of America’s biggest business scandals (worldwide in general). The book was written by fortune reporters Bethany McLean and Peter Elkind. The movie-the smartest guys in the room, the Enron story is a documentary movie based on a book by the same name.
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