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Sarbanes-Oxley News & Developments
Scandal Cures May Not Reach the Source Corporate bosses more accountable.
> > Financial excesses and scandals of the past few years has been predictable. We would make corporate bosses more accountable and to that end passed the Sarbanes-Oxley legislation that set up new accounting procedures and mandated structural changes in corporate boards of directors. The likelihood of prosecution and punishment for white collar crimes is beginning to happen.
Source: PCAOB
Published:2004-03-09
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