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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2356 |
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“The reality is that the tangible aspects of financial collapse begin with a severe erosion and eventual ruination of corporate and personal ethics. In other words, companies collapse ethically long before suffering financial demise†(Jennings, M M., Dec 2003, p. 46). “The rigor of Sarbanes-Oxley compliance improves the quality of controls, which should allow for better use of audit resources†(Redmond, et...
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46). “The rigor of Sarbanes-Oxley compliance improves the quality of controls, which should allow for better use of audit resources†(Redmond, et. al, June 2008, p. 49).
When the “founder continues as CEO the looming question is always whether the skills and risk perceptions needed to be a successful entrepreneur are the same ones needed to oversee a company as it grows, develops alliances, and assumes responsibility for a large network of shareholders, bondholders, and bankers†(Johnson & Johnson, Jan-July 2005, p...
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