Multiple Choice
Which of the following is true of the Sarbanes-Oxley Act?
A) It penalizes companies that violate ethical standards that are not enacted by the rule of law.
B) It prevents companies from acting only in the interest of maximizing the wealth of its stakeholders.
C) It requires public companies to disclose whether it has a code of ethics for senior financial officers.
D) It penalizes companies that fail to contribute toward social issues.
Correct Answer:
Verified
Correct Answer:
Verified
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