Sarbanes - Oxley Act Research Papers - Paper Masters.
Oxley was the House of Representatives sponsor of the Sarbanes-Oxley Act which passed overwhelmingly with a 423-3 vote in 2002. After the Act was put into law both retired from their positions. (Institute, 2010) The Sarbanes- Oxley Act was established to revitalize investor’s belief that the financial market is a sound body and uncorrupt.The Sarbanes-Oxley Act also contains specific provisions in title VII to employees of whistle blowers who lawfully disclose private employer information parties in a judicial proceeding pursuing a fraud claim as well as other parties that may have an interest in the enforcing the provisions of the Sarbanes-Oxley Act.Sarbanes Oxley Act Research Paper 1787 Words 8 Pages Sarbanes Oxley Act Research Project Brielle Lewis MBA 315 March 6, 2014 I. Abstract The purpose of the Sarbanes-Oxley Act is to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities law, and for other purposes.
Sarbanes-Oxley Act and the positive and negative impact that Sarbanes-Oxley Act has placed on companies. Reason for SOX The reason for the Sarbanes-Oxley Act of 2002 came about because of Kenneth L. Lay, CEO of Enron Corp. Enron began in 1986 but originally was Houston Natural Gas a gas pipeline operator in 2001 Enron was the number one energy trader in the world.Abstract The purpose of the Sarbanes-Oxley Act is to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities law, and for other purposes. (Lander, 2004) The Act created new standards for public companies and accounting firms to abide by.
Sarbanes-Oxley Act Research Paper 1097 Words 5 Pages Sarbanes-Oxley Act of 2002 Karla Azcue ACC 120-09 Mr. Donald Senior The Sarbanes-Oxley Act of 2002 is one of the most important legislations passed in the 21st century effecting financial practice and corporate governance.
