January 2012
Beginner to intermediate
192 pages
6h 29m
English
Content preview from Case Studies in Business Ethics and Corporate Governance
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ENRON: Fall of the Mighty 55
Welfare of Stakeholders
The aftermath of Enron resulted in thousands of Enron’s employees losing their jobs, thousands of
investors losing their pension funds, whereas top executives minting millions of dollars. Fingers were
raised at Enron, the way it took care of stakeholders and whether it was justifi able.
RECOVERY
After the emergence of the bankruptcy of Enron, it became more than important to pay back to the credi-
tors of the company and try to recover as much of the losses possible. Enron Creditors Recovery Cor-
poration (ECRC) is the new name for Enron Corp. After Enron’s Plan of Reorganization was approved ...
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