Corporate governance scandals are still commonplace with Green Mountain Coffee, Chesapeake Energy, Wal-Mart, and Groupon being among the latest examples since the enactment of the Sarbanes-Oxley Act of 2002. The fact is that Sarbanes-Oxley was well-intentioned but didn’t address the real problem of board of directors’ corporate governance.
Read the article, “The Effectiveness of SOX Regulation: An Interview Study of Corporate Directors.” Discuss how the Act can address the problem of corporate governance and ethics more effectively.
