Author : Anonym
Publisher : GRIN Verlag
ISBN 13 : 3638662233
Total Pages : 61 pages
Book Rating : 4.6/5 (386 download)
Book Synopsis The U.S. Sarbanes Oxley Act 2002 and Corporate Governance. Big Brother is Watching You? by : Anonym
Download or read book The U.S. Sarbanes Oxley Act 2002 and Corporate Governance. Big Brother is Watching You? written by Anonym and published by GRIN Verlag. This book was released on 2007-06-25 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2005 in the subject Law - Comparative Legal Systems, Comparative Law, grade: 19 (von 20), University of Aberdeen, course: LL.M. Internationales Wirtschaftsrecht, 49 entries in the bibliography, language: English, abstract: Corporate Governance has become one of the hottest fields of international company law and economics. Whereas many European countries have chosen self - regulatory market based approaches or favour "comply or explain" provisions, the U.S. government decided to take mandatory legislative actions in the aftermath of various accounting and corporate governance scandals, headed up by Enron and WorldCom. This article explains why most, if not all of the relevant provisions regarding corporate governance, are ill conceived and thus should be withdrawn the sooner the better to prevent future economic harm. The author concludes with an evaluation and an outlook for alternatives.