Discussion Question

The director of your accounting department has requested that you conduct research on the Sarbanes- Oxley Act of 2002 (SOX).  Discuss what effects SOX has had on improving corporate governance.  Then research, identify, and summarize a specific corporate crime case or issue.   

The summary should include a good description of the facts of the case, the issue before the court, the legal reasoning and decision or outcome (court’s ruling) of the case, if there is one.  Lastly, state whether SOX has created more confidence in the capital markets. Incorporate the legal terminology from your textbook where appropriate, in both your original post and in your responses to your classmates. Use academic or legitimate news sources, such as the New York Times, the Los Angeles Times, the Washington Post, CNN, MSNBC, Fox News, etc. Please include the link or links used for your research in your post for your fellow classmates to review and to comment on. Do not repeat cases discussed by another classmate.**