Propose an ethical framework for setting appropriate standards of conduct for professional accountants producing a higher level of ethical values and decision making, as they relate to the Enron case. The framework should include the ways in which management will be involved in the process and what company resources should be available to employees to help make them more ethical choices.
Could internal controls have been utilized to produce more ethical behavior? Would a plan by corporate governance be an appropriate vehicle for delivering these internal controls to encourage ethical behavior? Discuss.
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