Study validates effectiveness of Sarbanes Oxley 406 Financial Code of Ethics
Monday, October 24, 2016 - 07:01
in Psychology & Sociology
The Sarbanes Oxley (SOX) Act of 2002 was passed following the WorldCom and Enron accounting scandals with the intent of lowering the prevalence of financial misconduct. Section 406 of the Act requires public companies to disclose whether they had adopted a specific code of ethics for principal, financial and accounting officers.