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To Disclose or Not to Disclose

Recent corporate accounting scandals have brought to light disturbing revelations concerning the business practices of many American companies. New — and more severe — penalties for corporate fraud in the Sarbanes-Oxley Act of 2002 have caused companies to step up their internal efforts to detect and prevent wrongdoing.

18 minute read August 17, 2003 at 12:29 PM
By
Jonathan S. Feld, Jenny Louise Johnson, and BeLinda I. Mathie
To Disclose or Not to Disclose

Recent corporate accounting scandals have brought to light disturbing revelations concerning the business practices of many American companies. New ' and more severe ' penalties for corporate fraud in the Sarbanes-Oxley Act of 2002 have caused companies to step up their internal efforts to detect and prevent wrongdoing.

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