OMM 640 Regulator Measures Powerpoint

OMM 640 Regulator Measures Powerpoint - Regulatory Measures...

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Regulatory Measures Alice (Rene’e) Hughes OMM 640 Business Ethics and Social Responsibility for Managers Instructor Andree Swanson 04/18/2016
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Regulator Measures Regulatory measures in business are instituted to make sure that ethical and legal practices are being utilized for organizations and their corresponding shareholders. Regardless, if they are governed by federal agencies these measures have been established to promote ethical practice between businesses and consumers, into order to provide fundamental regulations that will manage violators and reward those who obey federal rules and regulations.
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The Sarbanes-Oxley Act (SOX) ● “ The Sarbanes-Oxley Act, which was signed into law in 2002, by President Bush in order to reform corporate responsibility and enforce stronger penalties for violators (Parles, O’Sullizan & Shannon, 2007).” ● The Sarbanes-Oxley Act was used in the Enron Scandal in 2001, this corporation was in a conspiracy to commit securities and wire fraud.
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The Sarbanes-Oxley Act of 2002
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