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Unformatted text preview: is checking financial statements, then have someone else check it to make sure everything is going okay. In the long run, every stakeholder was hurt by the decisions of Enron. Because the company completely collapsed, so there are just no stakeholders anymore. Tort laws were what was violated in this case, because it was basically civil cases against people for doing the “wrong thing.” Friedman would have said “go with it!” He would have said this because capitalism is playing it’s role and getting rid of the weaker companies. Freeman on the other hand would have said that this didn’t help any stakeholders at all and would therefore not have approved....
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This note was uploaded on 08/29/2011 for the course BUS 101 taught by Professor Rollins during the Spring '08 term at Miami University.
- Spring '08