Do you believe sarbanes-oxley goes too far

Assignment Help Microeconomics
Reference no: EM131369636

Sarbanes-Oxley

In 2002 the United States Congress passed the Sarbanes-Oxley Act in response to instances of accounting fraud at such firms as Enron and WorldCom. Since the passing of the legislation many corporations have complained the act place a cumbersome and expensive burden on firms to comply. Their argument in turn states the cost to comply with the regulation places them at an unfair disadvantage to international firms who do not have to adhere to such legislation.

However, proponents state such legislation is necessary to protect shareholders and employees from being the victims of accounting fraud and financial misconduct that may bring the firm down.

Do you believe such legislation as Sarbanes-Oxley (SOX) is necessary to protect shareholders and unknowing employees? Or do you believe Sarbanes-Oxley goes too far?

Reference no: EM131369636

Questions Cloud

Determine the value of b : Determine the value of b if the two portions of this channel are made of the same material and are constructed with the same bottom slope.
Getting to know the industry : Getting to know the industry in which a company operates is a critical factor for leveraging information systems and gaining a competitive advantage. Speculate as to how information systems can be leveraged in a particular industry. Analyze how ti..
Plus time on sewing machine : To make stuffed toys, you need fake-fur fabric, filling, and the eyes, plus time on a sewing machine. You currently are making three animals: a spider, an elephant, and a mouse (they all use grey fake-fur). The spider uses 2 square feet of fake fur, ..
Find depth of fluid that will exist in the v-shaped channel : Determine the depth of fluid that will exist in the V-shaped channel if it is laid on the same slope and carries the same discharge as the drainage pipe.
Do you believe sarbanes-oxley goes too far : Do you believe such legislation as Sarbanes-Oxley (SOX) is necessary to protect shareholders and unknowing employees? Or do you believe Sarbanes-Oxley goes too far?
Supporting multiple types of mobile devices : What are the technical challenges and risks of supporting multiple types of mobile devices?
Replacement for the company anti-virus application : Write a short "newsletter" article (3 to 5 paragraphs) for non-technical managers to tell them about the planned replacement for the company's anti-virus application. Use Kaspersky Lab as the basis for this article.
Find the number of cubic yards of concrete : Water flows in the symmetrical, unfinished concrete trapezoidal channel shown in Fig. P10.77 at a rate of 120 ft3 /s. The slope is 4.2 ft/2000 ft. Determine the number of cubic yards of concrete needed to line each 1000 ft of the channel.
Compute the expected value of x and explain its meaning : Compute the expected value of X. Explain its meaning. Compute the variance and standard deviation of X. Using answers in (b) and (c), give the expected value and variance of Y=4+5X.

Reviews

Write a Review

Microeconomics Questions & Answers

  Identify any parallels between shinto beliefs and practices

Identify any specific parallels between Shinto beliefs and practices on the one hand, and those of indigenous sacred ways on the other? By contrast, which (if any) elements of Shinto might seem uniquely or solely "Shinto-istic" in character, not f..

  Stock variable to the flow variable investment

What is the corresponding stock variable to the flow variable "investment"

  What is producer surplus after tariff

Suppose that the free trade price of a good is $12 and a 10% ad valorem tariff is put in place. Domestic production in a small country rises from 2000 units to 2300 units & domestic consumption falls from 2600 to 2500 units. What is producer surplus ..

  Calculate national saving

Consider a small open economy with desired national saving of S = 20 + 200r* and desired investment of I = 30 - 200r*.a. Calculate national saving(S), investment(I), and the current account balance(NX or CA) in equilibrium when the real world interes..

  How do stocks and bonds differ in terms of the future

How do stocks and bonds differ in terms of the future payments that they are expected to make? Which type of investment (stocks or bonds) is considered to be more risky?

  Good x is a normal good use indifference curves and budget

good x is a normal good. use indifference curves and budget lines to show the substitution and income effects of a

  What is the breakeven price for sarah

Sarah owns a custom t-shirt business in Madison. The quantity of t-shirts that her company can produce (q) depends on the amount of capital (K) and labor (L) that she employs. What is the Breakeven Price for Sarah? This is the price at which she ma..

  1assume that a firm has a total product curve given by q

1. assume that a firm has a total product curve given by q 2kl.a graph the total marginal and average product curves

  Write my lunchtime utility function

Write my lunchtime utility function in terms of the two types of tacos - Write a budget constraint for a day (assume you have 10 hours after eliminating sleep, class, eating, and work from your life).

  Determine the qualitative forecasting techniques

From the scenario for Katrina's Candies, assuming the absence of quantitative data, determine the qualitative forecasting techniques that could be used within this scenario. Now, assume you have acquired some time series data that would enable you..

  Profit-maximization long-run supply curve

Using the firms marginal cost curve, compute the profit-maximization long-run supply curve for typical retailer. Compute the average total cost curve for the typical gasoline retailer, and determine that average total cost are less than price at the..

  1 suppose that ms spencer is presently spending all her

1 suppose that ms. spencer is presently spending all her budget purchasing 10 units of a and 8 units of b at prices of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd