Did Sarbanes-Oxley end malfeasance -- or just hide it?

06/5/2009 | Kellogg Insight

The Sarbanes-Oxley Act was meant to revamp governance standards to prevent corporate scandals like the ones at Enron, Tyco and WorldCom, but now some experts say that all the legislation managed to do was drive the worst offenders off-shore. One study found that many companies that chose to delist in the U.S. were motivated by a desire to protect executive benefits, not increase shareholder value.

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