Abstract
Over the past few years, cases of miserable failure in corporate governance have shocked the financial world. Enron and WorldCom are just two examples of how a few people in a position of power can cause unprecedented damage to hundreds of thousands of people, including investors, employees, and retirees. Lessons thus learned created a wave of regulations, the most significant being the Sarbanes-Oxley Act of 2002, the first major overhaul in the area of securities since the Securities Exchange Act of 1934.
Original language | English (US) |
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Pages | 14-20 |
Number of pages | 7 |
Volume | 31 |
No | 7 |
Specialist publication | EDPACS |
DOIs | |
State | Published - 2004 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Software
- Safety Research
- Computer Networks and Communications