The Impact of Failures Such as Enron and WorldCom on Stock Market Performance

Abstract: This 6 page paper considers the impact that scandals such as Enron and WorldCom and the effect that they had on the stock markets. The paper argues that the impact was not as great as generally argued that the evidence shows the markets were already in decline. This supports the idea that the markets are not inefficient as was assumed in the days and weeks following these collapses. The paper includes 1 graph. The bibliography cites 9 sources.

Filename: TEstkfal.rtf

Pages: 6

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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