Cornerstones of effective governance: Values and ethics

By Marty Krawczyk

Basing decisions on ethical values is good business

The word “governance” became a common business buzz word following the headline-making corporate scandals of companies such as Enron and WorldCom. The Sarbanes-Oxley Act of 2002 aimed to prevent the recurrence of such white-collar crimes through strict corporate governance guidelines that hold management, boards, and accounting firms accountable for the reporting of financial information.

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