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2002 Sarbanes-Oxley Act

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Gardner Denver, Inc ~ Discuss the impact of the 2002 Sarbanes-Oxley Act.

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Solution Summary

The expert discusses the impact of the 2002 Sarbanes-Oxley Act for Gardner Denver, Inc.

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The impact of SOX on public companies like Gardner Denver Inc. has been significant. The act was introduced in 2002 to enhance the corporate governance standards in organizations, primarily to avoid accounting related scandals such as those of Enron, that completely shook the corporate world.

Although SOX has significantly increased the compliance related costs, it has ensure that companies like Gardner and its management that they maintain integrity ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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