Businesses and markets require trust to operate efficiently. Without trust, additional laws and regulations are required and all laws and regulations are expensive. For a lucid article on ethics and the financial crisis, see: “Can Ethical Restraint Be Part of the Solution to the Financial Crisis?” By Stephen Jordan, member of the Caux Roundtable on Moral Capitalism for a Better World .
The article can be found at http://www.cauxroundtable.org/newsmaster.cfm?&menuid=99&action=view&retrieveid=12.
Use your textbook and information from the previous article to discuss this question:
Is regulation more the answer to corporate governance and ethical failures? Why or why not?
State the virtues and limitations of the Sarbanes – Oxley Act
Corporate Governance and Ethics