CPE Inc has an overview article of the Sarbanes-Oxley Act that was passed by the federal Congress in 2002 after several high profile corporate fraud cases.
Read the section by section review of the law retrieved from www.soxlaw.com.
Does this legislation affect ethical or legal behavior or both? Why?
Do you agree with the following statement: "If directors and officers of American corporations were ethical, you would not need legislation like the Sarbanes-Oxley Act"? Why, or why not?
Some commentators have stated, "You cannot legislate morality." Is the S-O Act an attempt to legislate morality? Why, or why not?
In your responses to these questions make sure you provide extensive factual and relevant source material to substantiate your findings and conclusions.