Solved

In the United States, the Sarbanes-Oxley Act of 2002 Was

Question 50

True/False

In the United States, the Sarbanes-Oxley Act of 2002 was triggered, in part, by the corporate scandals at Enron, Tyco, and WorldCom among other firms. The act requires that compensation committees be composed entirely of outsiders to avoid the insider corruption seen in these scandals.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions