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How has the increased focus on corporate governance affected American corporations? The Sarbanes-Oxley Act (SOX) was created to decrease scandals taking place throughout corporation in the United States. SOX empowered the Securities and Exchange Commission (SEC) with the capability to apply rules and impose standards
For instance. The increased concentration may have enhanced ethical practices in some companies.for public organizations. The SEC can check companies and need openness for accounting practices as well as accountability for adhering to the standards. For that reason. The added concentration on drunk driving still doesn't stop people from breaking the rules. crime is invariably one step before the law. I believe that SOX alone doesn't help reduce unethical practices. however with the help of the SEC there is a great possibility. moral practices might not be efficient for some. although the concentration is enhanced. a lot of towns use task forces for DUI driving around holidays. . but.