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Unformatted text preview: How have we prevented some of the conflicts of interest going forward from the Enron Scandal? The Enron Case After the Enron debacle we have had an increased role of government regulation in financial markets. For Example: The Sarbanes-Oxley Act How can we judge the efficiency of the new regulations? Compare benefits: Reduced occurrence of financial accounting fraud. to costs: Firm compliance costs and government enforcement costs....
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- Winter '09