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27 October, 07:31

Which legislation makes it compulsory for every public company to have a code of conduct to convey expectations about what is and is not appropriate for its directors and officers? a. Gramm-Leach-Bliley Act b. Glass-Steagall Act c. Sherman Act d. Sarbanes Oxley Act

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  1. 27 October, 10:56
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    Answer: The correct answer is D.

    Sarbanes Oxley Act

    Explanation:

    The Sarbanes-Oxley Act 1 of 2002 cracks down on corporate fraud. It created the Public Company Accounting Oversight Board to oversee the accounting industry. It banned company loans to executives and gave job protection to whistleblowers. The Act strengthens the independence and financial literacy of corporate boards.
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Home » Social Studies » Which legislation makes it compulsory for every public company to have a code of conduct to convey expectations about what is and is not appropriate for its directors and officers? a. Gramm-Leach-Bliley Act b. Glass-Steagall Act c. Sherman Act d.
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