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Improving Governance & Corporate Responsibility

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How can a corporation improve its corporate governance and corporate responsibility? Provide in your discussion a detailed discussion of the Sarbanes Oxley Act and what role it plays in corporate governance.

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This posting helps with a problem regarding corporate social responsibility. The solution gives 288 words on how a corporation can improve governance and responsibility and the role of the Sarbanes Oxley Act on these things.

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Problem: How can a corporation improve its corporate governance and corporate responsibility? Provide in your discussion a detailed discussion of the Sarbanes Oxley Act and what role it plays in corporate governance.

Solution:
A corporation can take great strides in corporate governance by holding CEOs and other executives accountable to a party higher than themselves for their actions. The recent HP case is a good example. CEO Mark Hurd was found to be accountable to no one, and the Board of Directors took no action ...

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