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Sarbanes-Oxley Act of 2002 and Term Paper

Pages:7 (2014 words)

Sources:1+

Subject:Crime

Topic:Pre Sentence Investigation

Document Type:Term Paper

Document:#62031585


Literature on the Sarbanes-Oxley Act of 2002

The field of specialized literary reviews on the Sarbanes-Oxley Act is a widely spread one presenting numerous issues form various standpoints. Reviewers' opinions vary based on their position towards the bill and their prior professional expertise on white-collar crimes.

Among the mostly appreciated and close to reality works are: The Impact of Regulatory Information Disclosure on Information Security Investments, Competition and Social Welfare by Anindya Ghose at New York University and Uday Rajan at the University of Michigan; Serbanes-Oxley Whistleblower Cases, by Philip M. Berkowitz and the Sarbanes-Oxley Act of 2002 and Current Proposals by NYSE, Amex and NASDAQ.

6. Conclusions

The Sarbanes-Oxley Act of 2002 was passed in order to better supervise the actions within the business department. The Senate and the House of Representatives felt the crucial need for such legislature due to the increased number of white-collar fraud cases in the past years.

The bill of 2002 states that all business corporations need to better supervise and control their employees, documents and information and sets severe measures for those who destroy documents or hide them from the public or the government's institutions.

Disclaimers of the SarBox stated that such drastic measures would contribute to the downfall of the American economy as managers would pay far too much attention to financial statements and accounting documents rather that becoming involved in new and creative activities.

Bibliography

Wikipedia, the Free Encyclopedia, Sarbanes-Oxley Act, postedon October 18, 2006, http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act,last accessed on October 21, 2006

Warren W. Hamel, Esq. Venable Howards, it's Not Just Enron: A Guide to the Sarbanes-Oxley Act for Nonprofit Organizations

Larry E. Ribstein, Corporate Governance at Crossroads: Sizing Up SOX, Draft of January 18, 2005

Anindya Ghose and Uday Rajan, the Economic Impact of Regulatory Information Disclosure on Information Security Investments, Competition and Social Welfare, Submitted to Workshop on Economics of Information Security, March 2006

Philip M. Berkowitz, Sarbanes-Oxley Whistleblower Cases, December 28, 2004

Price Waterhouse Coopers, the Sarbanes-Oxley Act of 2002 and Current Proposals by NYSE, Amex and NASDAQ, Board and Audit Committee Roles in the Era of Corporate Reforms, 2003

Dechert on Point, Stock Options "Backdating": Regulator Investigations and Shareholder Lawsuits Show No Signs of Waning, June 2006

Joseph T. Lonsdale, Sarbanes-Oxley Act Draws Criticism, posted on September 20, 2002 http://securities.stanford.edu/news-archive/2002/20020920_Headline08_Lonsdale.htm, last accessed on October 21, 2006

Gary Grindler, Effects of Sarbanes-Oxley Legislation, posted on October 11, 2006 http://www.lawfuel.com/show-release.asp?ID=9043,last accessed on October 21, 2006

Fulcrum Financial Inquiry, SOX Whislteblower Claims Have Been Resolved in Employer's Favor...But This May Change, 2006

Wikipedia, the Free Encyclopedia, Sarbanes-Oxley Act

Hamel, Howard, a Guide to the Sarbanes-Oxley Act for Nonprofit Organizations

Ribstein, Sizing Up Sox legal Update from Dechert's White Collar and Securities Litigation Group: Stock Options "Backdating"

Lonsdale, Sarbanes-Oxley Act Draws Criticism

Price Waterhouse Coopers, the Sarbanes-Oxley Act of 2002

Grindler, Effects of Sarbanes-Oxley Legislation

10 Grindler, Effects of Sarbanes-Oxley Legislation

11 Ghose, Rajan, the Economic impact of Regulatory Information Disclosure on Information Security Investments, Competition and Social Welfare

12 Ghose, Rajan, the Economic impact of Regulatory Information Disclosure on Information Security Investments, Competition and Social…


Sample Source(s) Used

Bibliography

Wikipedia, the Free Encyclopedia, Sarbanes-Oxley Act, postedon October 18, 2006, http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act,last accessed on October 21, 2006

Warren W. Hamel, Esq. Venable Howards, it's Not Just Enron: A Guide to the Sarbanes-Oxley Act for Nonprofit Organizations

Larry E. Ribstein, Corporate Governance at Crossroads: Sizing Up SOX, Draft of January 18, 2005

Anindya Ghose and Uday Rajan, the Economic Impact of Regulatory Information Disclosure on Information Security Investments, Competition and Social Welfare, Submitted to Workshop on Economics of Information Security, March 2006

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