1) Who were the key stakeholders involved in, or affected by, the collapse of Enron? 2) Identify...

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1) Who were the key stakeholders involved in, or affected by,the collapse of Enron?
2) Identify the principles and recommendations of ASX ListingRules that relates to the independence requirements of the auditor,the directors and the Chairman of the board.
3) Explain the key issues in the area of:
Related party disclosures
Insider trading
Executive remuneration
Role of independent auditor
4) Identify the role of senior management in the corporategovernance in the Enron’s collapse.

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1 The key stakeholders affected by the collapse of Enron are employees and retirees Thousands of them lost their jobs and their investments The key stakeholders involved are the executives Kenneth Lay Jeffrey Skilling and Andrew Fastow they sold significant blocs of company stock have conflicts of interests government figures Lay had close personal tie with the Bush family Enrons efforts influence policy making Regulatory authorities Commodities Futures Trading Commission CFTC and Securities and Exchange Commission SEC their business partners Arthur Anderson and Vison Elkins the competitor Dynergy The two banks Citi Bank and J The stakeholders let the collapse of the Enron through their carelessness and lack of oversight 2The purpose of the principles is to See Answer

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