Corporate Governance

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Title: Corporate Governance

Essay Details:

Subject: Miscellaneous

Author:

Date: November 7, 2014

Level: University

Grade: A

Length: 7 / 1854

Essay text:

The Sarbanes-Oxley Act was created in response to high-profile cases involving companies whose fraudulent actions have called into question the ethics and accountability of big business. The Act is intended to prompt corporations to operate with greater integrity and promote ethical behavior. Sarbanes-Oxley fosters this integrity by strongly encouraging covered companies to adopt three standards under the Act's whistleblower provisions for their firms; a code of business ethics, procedures for confidential employee reporting, and conduct rules for in-house attorneys. A code of business ethics is intended to promote a higher standard of conduct among senior financial officers...

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