Bernhard Kuschnik

The U.s. Sarbanes Oxley Act 2002. "Big Brother is Watching You" or Adequate Measures of Corporate Governance Regulation? Bernhard Kuschnik

Scholarly Research Paper from the year 2005 in the subject Business economics - Business Management, Corporate Governance, grade: 1.1, University of Aberdeen, language: English, abstract: Corporate Governance has become one of the hottest fields of international company law and economics. Whereas many European countries have chosen self regulatory market based approaches or favour comply or explain provisions, the U. S. government decided to take mandatory legislative actions in the aftermath of various accounting and corporate governance scandals, headed up by Enron and WorldCom. This article explains why most, if not all of the relevant provisions regarding corporate governance, are ill conceived and thus should be withdrawn the sooner the better to prevent future economic harm. The author concludes with an evaluation and an outlook for alternatives. Abschlussarbeit im Kurs Corporate Governance im Rahmen des LL. M. Studienganges Internationales Wirtschaftsrecht an der Universität Aberdeen, Schottland