Corporate Compliance Benchmarking

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Charles B

 

Date added:

August 31, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2281

 

Was viewed:

7001 times

 

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Essay content:

Corporate governance prior to the implementation of SOX was not as strictly control, providing grounds for manipulation of data and resources as seen fit by company officials. With the SOX Act, publicly traded companies were forced into tighter security and detailed reporting of their operations and financial statements...
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When companies make the extra effort to enforce these regulations throughout the organization it presents them as being responsible in the eyes of their stakeholders. These tight measures are what helps is make a company successful in the public market. Enron is known as the American based electricity company that filed bankruptcy, and was one of the largest companies to ever file bankruptcy in history...
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