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The Sarbanes-Oxley (SOX) Act was enacted in 2002 as a result

The Sarbanes-Oxley (SOX) Act was enacted in 2002 as a result of the Enron (and others) scandal. The goal was to ensure that investors get an accurate picture of a company's finances.
Has SOX achieved its objective? Has it reduced fraud or increased fairness? Does it help or hurt U.S. capital markets? Has it increased costs for businesses appreciably?

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The Sarbanes-Oxley (SOX) Act was enacted in 2002 as a result of the Enron (and others) scandal. The goal was to ensure that investors get an accurate picture of a company's finances.
Has SOX achieved its objective? Has it reduced fraud or increased fairness? Does it help or hurt U.S. capital markets? Has it increased costs for businesses appreciably?

Has SOX achieved its objective? Has it reduced fraud or increased fairness?

SOX definitely has achieved its objective, although there have been big costs for corporations in the meantime. The enacting of SOX has both reduced fraud, and increased fairness. The investors weren't getting ...

Solution Summary

The Sarbanes-Oxley (SOX) Act was enacted in 2002 as a result of the Enron (and others) scandal. The goal was to ensure that investors get an accurate picture of a company's finances.
Has SOX achieved its objective? Has it reduced fraud or increased fairness? Does it help or hurt U.S. capital markets? Has it increased costs for businesses appreciably?

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