1. Enron and the Sarbanes Oxley Act
... on the company's BOD and/or audit committee, which poses another huge conflict of interest. However, the SEC recognized these issues and in turn made sure that SOX reformed and re-empowered the Board of Directors and audit committee within companies (Maleske). SOX reforms to the BOD regulations shifted the perspective that executives had of thinking that the BOD was there ... or unethical (Maleske). This is an important policy that came to light after the Enron Scandal because the greed and inclination for more money through stock options led to these executives acting unethically, and ...
- Word Count: 3410
- Approx Pages: 14
- Has Bibliography
- Grade Level: Graduate