FIN 370 Week 1 DQ 7 -
• SOX Act was passed in 2002 "to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes".
• SOX Act mandates senior executives to take responsibility for the accuracy and completeness of financial reports.
In your belief, has SOX been successful in corporations being more ethical? What are some examples, beside Enron?