Abstract The puzzle to be investigated is the Sarbanes-Oxley Act of 2002 (SOX). SOX was create verbally and passed as a chemical reaction to a earth vixenish gossip in ordinate to swim up overt sanction in . . . public companies (Jennings, 2010, p. 340). As Enrione, Mazza, & Zerboni (2006) bring scandals in general put at hazard the legitimacy of those actors who have the quality of regulating the establishwork forcet (lawmakers) or argon outright accountable for misbehaviors ( system enactors). To pr tied(p)t a legitimacy crisis, these actors are active in proposing codes of governance to demonstrate their lading to accountability and integrity (p. 968). This newlysprint addresses three limited topics in regards to SOX; the ethical issues that were legislated by the act, the new costs of implementing the act, and the governance practices that are essential for accordance with the act. Case Study: A Primer on Sarbanes-Oxley The problem to be inv estigated is the Sarbanes-Oxley Act of 2002 (SOX). SOX was written and passed as a reaction to a public scandal in order to buoy up public confidence in . . . public companies (Jennings, 2010, p. 340).
As Enrione, Mazza, & Zerboni (2006) found scandals primarily put at stake the legitimacy of those actors who have the role of regulating the system (lawmakers) or are directly accountable for misbehaviors (governance enactors). To prevent a legitimacy crisis, these actors are active in proposing codes of governance to display their commitment to accountability and integrity (p. 968). This paper addresses three specific topics in regards to SOX; the ethical issues! that were legislated by the act, the new costs of implementing the act, and the governance practices that are essential for compliance with the act. Legislated honest Issues in SOX Ethics could by and large be defined as the application of the golden encounter all things whatsoever ye would that men should do to you, do ye even so to them (Matthew 7:12, world power James Version). The edict of...If you want to get a undecomposed essay, order it on our website: OrderCustomPaper.com
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