Illustration of CEO cooking the books

Sarbanes-Oxley Is a Warning System for Fraud

Some on Wall Street argue Sarbanes-Oxley is costly, burdensome, and the reason why the number of public companies in the U.S. is declining. But a new study from McCombs says the Enron-era law is working in flagging potential fraud.

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Smart Quotes

“There is evidence that suggests that where the CEO and directors are more socially involved, the company is more profitable. A strategic position in the network gives a player a competitive informational advantage relative to other players that are less connected.”