Presidents always out of control after the Sarbanes Oxley.
Experts say the Sarbanes-Oxley Act of 2002 has missed the mark.
They say, Corporate can not fly are controlled by the legislature, because the money is simply too huge refuse.
At least this is the revealing assessment by Professor Daryl Koehn, former President Society of Business Ethics and director of the Centre for Ethics in Economics at the University of St. Thomas in Houston.
“I do not think it was a great success as a measure anti-fraud,” said Koehn. “We still have a growing number of restatements of the merits of 2002-03 by the Sarbanes-Oxley.”
Koehn, said most presidents is to manipulate the share price if any, to take huge bonuses available to top-tier execs.
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