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In part, many corporate scandals center on misleading or inaccurate

01 / 10 / 2021 Projects

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In part, many corporate scandals center on misleading or inaccurate

In part, many corporate scandals center on misleading or inaccurate financial statements (Enron, WorldComm, Global Crossing, and Tycho are examples from 2002). Also, the financial crisis in 2007-08 period included corporate failures in the financial sector and enormous losses for investors. How do firms manage to mislead investors? Do you feel reforms already enacted (like Sarbanes-Oxley or more recent reforms after the financial crisis) have or will make a major difference? Do you think additional legal or regulatory actions are needed? Your response should be 300 words or less and must be posted on or before October 2,2016.



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