Eight Years After The Fact Is SOX Working?: Article Analysis

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Article Analysis University of Phoenix ACC291 Taking a look at whether or not companies are acting ethical because they have integrity or because they have to follow the laws set forth by the Sarbanes-Oxley Act of 2002 is something all investors should do before they invest. Companies do not always act ethically because they want to be open and honest with their customers, employees, or investors, some do it simply because they have to in order to abide by the laws, rules, and regulations, and then just barely. While reading “Eight Years After The Fact Is SOX Working? A Look At The Brooke Corporation” one can notice several things wrong and ways that could lead to unethical practices and behaviors in accounting. For instance the company founder Robert Orr held several roles in management for the parent company as well as finance officer and other key positions that could open the door to unethical behaviors (Hazels, 2010). Holding all of these positions…show more content…
There are probably many companies out there that do not care about integrity ethics and only focus on making money, but investors should be aware that if they chose this money making company they risk much more than money. Discussion Question Suggestion Do you feel a company can have poor integrity and still maintain good ethical standards regardless of whether they follow the SOX laws or not? Reference Hazels, B. (2010, Nov/Dec). Eight Years After The Fact Is SOX Working? A Look At The Brooke Corporation. Journal of Business Case Studies, 6(6), 19-29. Retrieved from

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