or personal use. Since that, SARBANES-OXLEY has enacted legislation for the establishment of independent boards and penalty of related frauds. However, because of complex market situation and internal collusion, SARBANES-OXLEY does not work very well in the actual world. Thornburgh, takes the job as WORLDCOM bankruptcy trustee, states that good employees play an essential role in corporation. For example, directors who employed by corporation should initially report the questionable proposals, and…
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