Topic > The Enron Scandal: Summary - 1656

Most shareholders lost all the money and resources invested in the company after the Enron scandal was revealed. Investors not only faced material losses; there was also a loss of trust that was never recovered.[7] The Enron scandal also affected the country in several ways. The outrage resulting from the scandal has created an awareness of the importance of trust and integrity in the financial sector, as well as ethics in business and accounting. The scandal prompted the creation of laws to ensure the possibility of a repeat of a similar scandal