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Corporate Governance
Essay specific features
Written by:
Joyce J
Date added:
January 14, 2014
Level:
University
Grade:
A
No of pages / words:
2 / 501
Was viewed:
1271 times
Rating of current essay:
Essay content:
These failures and concerns in turn have served as catalysts for legislative change— in the form of the Sarbanes-Oxley Act of 2002(SOX) — and regulatory change, including new governance guidelines from the NYSE and NASDAQ.
The move toward shareholder value and increased capital market influence has also been apparent in the way corporations have reorganized themselves...
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For example, there has been a broad trend toward decentralization. Large companies have been working hard to become more nimble and to find ways to offer employees higher-powered incentives. At the same time, external capital markets have taken on a larger role in capital reallocation, as evidenced by the large volume of mergers and divestitures throughout the '90s...
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