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Ch.19 Securities & Corp. Governance Flashcards | StudBud
Ch.19 Securities & Corp. Governance
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The Sarbanes-Oxley Act addresses corporate governance by:
A
Requires CEOs to take responsibility for accuracy of financial reports
B
Creates Public Co. Accounting Oversight Board to oversee accounting indus.
C
Strict disclosure requirements & harsh penalties for securities violations
D
Establishes private lawsuits for securities fraud & expands SEC’s remedies
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