In 2018, Britain's second-largest construction and outsourcing operation, Carillion, went into liquidation after banking on income from large contracts, which proved much less lucrative than expected. After its contracts underperformed, its debt soared to 990m. The company needed a 300m cash injection, but the banks that lent Carillion money refused to invest more. The government also refused to bail it out, leaving Carillion unable to continue trading and forcing its liquidation.

The liquidation had repercussions for all the organization's shareholders, its stakeholders who had lost their investment, the 43,000 employees whose jobs were threatened, and thousands of contractors whose payment terms went unfulfilled.

Suppose you are asked to familiarize yourself with the attached briefing paper regarding this case (See link below) from an institutional investor dated 3/14/2018.

1. What are the major concerns of each stakeholder (shareholders, employees, board)?
2. Proposed what would have been solutions with associated logic and evidence to support the solutions.

Article: https://researchbriefings.files.parliament.uk/documents/CBP-8206/CBP-8206.pdf