The Sarbanes-Oxley Act: Corporate America's Big Brother

Essay specific features

 

Issue:

Business

 

Written by:

Glenn R

 

Date added:

March 14, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1953

 

Was viewed:

9941 times

 

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Essay content:

At the time it was the largest corporate bankruptcy filing in U.S. history, but they wouldn't keep that standing long because WorldCom joined the race. WorldCom, the large telecommunications giant also sought Chapter 11 bankruptcy protection after it was revealed that its Chief Financial Officer made the decision to categorize monies paid to local phone companies to connect calls as long-term investments, with at least 15% of those connections not producing any revenue...
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history, but they wouldn't keep that standing long because WorldCom joined the race. WorldCom, the large telecommunications giant also sought Chapter 11 bankruptcy protection after it was revealed that its Chief Financial Officer made the decision to categorize monies paid to local phone companies to connect calls as long-term investments, with at least 15% of those connections not producing any revenue...
displayed 300 characters

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