| Publisher | Deloitte Touche Tohmatsu | ||
|---|---|---|---|
| Format | 353.8KB PDF, requires Acrobat Rdr 5 | Date added | 01 May 2003 |
| Topics | Sarbanes-Oxley, Business Management, Law and Government | ||
| Downloads | 78 | ||
The Sarbanes-Oxley Act of 2002, along with related mandates by the Securities and Exchange Commission and new listing rules instituted by the major stock exchanges, raise the ante for ethical behavior and effective corporate compliance programs. Public companies and their senior executives and board members may be held accountable - personally accountable in the case of the executives and board members - not only for the financial reporting provisions of the new legislation, but also for the aspects pertaining to ethics and corporate compliance. Conversely, companies and their leadership that adhere both to the letter and the spirit of the law can achieve substantial benefits.
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