answersLogoWhite

0

Enron stakeholders were profoundly affected by the company's collapse in 2001. Employees lost their jobs and retirement savings, as many had invested heavily in Enron stock, which became worthless. Investors faced significant financial losses, leading to lawsuits and a loss of trust in corporate governance. Additionally, the scandal prompted regulatory changes, such as the Sarbanes-Oxley Act, aimed at enhancing financial transparency and protecting stakeholders in the future.

User Avatar

AnswerBot

4w ago

What else can I help you with?

Continue Learning about Finance
Related Questions

Who were the stakeholders in the enron case?

did you mean share holders, there were thousands including all their staff and multiple investors. The stakeholders are the ones that are significantly affected by the company. Shareholders, employees, the Houston, Tx area, customers, and partners name a large portion of the stakeholders.


Name a business affected by the boiled frog phenomenon?

Enron.


How did the Enron scanal effect Mirant?

Then the Enron bankruptcy and accounting scandal hit the news, and the entire energy sector was affected by the fallout. In less than a year Mirant's stock price declined about 80 percent.


What is Enron's population?

Enron is not a place with a population. Enron Corporation was a company, not a city or region.


Any persons or groups who will be affected by an action are called what?

Stakeholders.


Who are the stakeholders in nyc affected by decisions about vertical farming?

hd


When did Enron end?

Enron ended in 2001.


How many people were affected by Enron crash?

Thousands of Enron employees lost their jobs and retirement savings when the company collapsed in 2001. Additionally, numerous investors and shareholders suffered significant financial losses due to the scandal. The impact of the Enron crash extended to many individuals and organizations both in the United States and around the world.


Stakeholders for divorce?

The stakeholders within a divorce are those of the children or third party relations influenced by the marriage. Therefore the stakeholders within a marriage are any whom are affected by the union of marriage.


Stakeholders of a business?

people that are interested in the business, ( customer, employees, competitors e.t.c)


Define primary and secondary stakeholders?

Stakeholders that are both important and influential, are primary stakeholders and must by fully engaged in the governance and steering of the project, if it is to succeed. While stakeholders that are either important or influential, are secondary stakeholders and need to be actively managed during the project.


Who are the stakeholders in a company?

Person, groups,organizations or agencies who are affected by the company action.