Ethics and Law Free Essay, Term Paper and Book Report
Abstract
Corporations had become increasingly willing voluntarily to accept responsibility for monitoring their own activities. This trend, in part, was induced by the promotion and encouragement of corporate self-governance by government law enforcement authorities and regulators as well as by corporations' realization that their economic self-interest is served by preventing and detecting employee misconduct. With the recent explosion of corporate scandals, Congress and the Securities and Exchange Commission (SEC) have imposed a variety of reforms, most notably the Sarbanes-Oxley Act of 2002 and its implementing regulations, to ensure that corporations strengthen their commitment to ethical conduct and improve their corporate governance practices and their financial and other public disclosures. A vigorous and effective ethics and compliance program provides critical components of corporate self-governance and causes a corporation to conduct its business in strict accordance.
In todays society it is all to clear to see that more and more people have diffe......
Word Count: 1115
Page Count: 4.4 (250 words a page / double spaced)
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