MGMT 520 Week 7 Discussion Question 2 (Enron and Others)in Business (Education) by Guide4Students
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(Legal, Political and Ethical Dimensions of Business)
Discussion Question 2
(Enron and Others)
SOX and Insider Trading
Review Problem 5 of Chapter 21, found on page 764 of your e-book. Let's look at corporate malfeasance, both specifically as in the case of Mr. Winans, and more generally, at companies across the country. It seems as though there is an outbreak of corporate "bad ethics" that is translating into escalating costs for compliance and policing.
Along with the SEC and their policing and efforts at ending bad business practices that relate to the stock market, we also have the Sarbanes-Oxley Act, also known as SARBOX, or SOX, which is becoming a big buzzword in the business world. We will look at that here and in the other thread. As part of that...