<P> The bill , which contains eleven sections , was enacted as a reaction to a number of major corporate and accounting scandals , including Enron and WorldCom . The sections of the bill cover responsibilities of a public corporation 's board of directors , adds criminal penalties for certain misconduct , and required the Securities and Exchange Commission to create regulations to define how public corporations are to comply with the law . </P>
<P> The bill , which contains eleven sections , was enacted as a reaction to a number of major corporate and accounting scandals , including Enron and WorldCom . The sections of the bill cover responsibilities of a public corporation 's board of directors , adds criminal penalties for certain misconduct , and required the Securities and Exchange Commission to create regulations to define how public corporations are to comply with the law . </P>
the sarbanes-oxley act of 2002 is a governmental response to
the sarbanes-oxley act of 2002 is a governmental response to
to a number of major corporate and accounting scandals
to a number of major corporate and accounting scandals