The Economic Effects of the Enron Downfall
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The paper looks at the effects on investment and employment that the bankruptcy of Enron has had on the economy. The positive effects on accounting standards and procedures are also highlighted.
From the Paper:"The world's biggest bankruptcy ever, caused by fraud, misleading accounts and less than honorable, although legal, auditing practices was filed on December 2, 2001-shattering the integrity and trust of even the most credible businesses that will never be replaced. (Economist Editors, The Enron Scandal, paraphrased). Now, no business is above suspicion. Some experts believe that the Enronitis has had more of an impact on the economy than the terrorist attacks. This report will be discussing the impacts The Enron Downfall had on the economy."
Cite this Analytical Essay:
The Economic Effects of the Enron Downfall (2003, November 06) Retrieved June 25, 2019, from https://www.academon.com/analytical-essay/the-economic-effects-of-the-enron-downfall-7618/
"The Economic Effects of the Enron Downfall" 06 November 2003. Web. 25 June. 2019. <https://www.academon.com/analytical-essay/the-economic-effects-of-the-enron-downfall-7618/>