If you kill the company you do punish those people by killing their main revenue/asset. The good thing is that you also punish the investors who will lose all their money. This will dissuade anybody to invest into a company if there is a possibility that the company is fraudulent. This could even push more transparency in the companies to attract investors.
Why punish the company when it was the people inside the company that did the wrong thing? Punish the people and let another batch fix it.
If you kill the company you do punish those people by killing their main revenue/asset. The good thing is that you also punish the investors who will lose all their money. This will dissuade anybody to invest into a company if there is a possibility that the company is fraudulent. This could even push more transparency in the companies to attract investors.