LAWS 310 Sarbanes-Oxley

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LAWS 310 Sarbanes-Oxley
The Sarbanes-Oxley Act of 2002 suggests that businesses develop a code of ethics…

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LAWS 310 Sarbanes-Oxley

LAWS 310 Sarbanes-Oxley

Discussions Week 1 All Students Posts – 39 Pages 

The Sarbanes-Oxley Act of 2002 suggests that businesses develop a code of ethics. How effective is a code of ethics in preventing unethical conduct? Review the sample code of ethics of Big Cheese Corporation in Chapter 8. Are there any clauses in this code that you believe need to be more specific? Why?  Does having a business code of ethics mean that employees of the business are more ethical?  Why or why not…?

Review your employer’s code of ethics.  What provisions did you find to be the most interesting and why…?

Many in society argue that white collar criminals seem to face favorable treatment in the court system while blue collar criminals receive harsher punishments.  Do you agree or disagree with this belief?

Let’s look at someone choosing to be silent….Silence in a situation can create quite a bad situation with the SOA… take Enron for example.. too many people did not say anything and look what happened….

As a direct result of Enron and other corporate scandals, many business schools throughout the
United States are now including classes on ethics in their curriculum. What do you think about this in our discussion this week?  Should there be a law (much like a good Samaritan law) that would hold someone accountable if they didn’t say something?  Why or why not?

Why should a law have to passed to require people to do the “right” thing in business, and what ethical philosophies contribute to your answer and why?…