Project #75495 - Finance Help

Never Run out of Cash video

Please read the attached transcript and provide a 150 word response.

 

Please read response below and provide a 150 word response to the question.

Can you make CEO’s more ethical?

Great discussion! I wanted to expand on your points about regulation and enforcement. SOX may not be fully resistant to unscrupulous or unethical behavior. It is an interesting and necessary law. It was needed to restore faith in the US financial system. However, can a law make someone ethical. After all, where there is a will, there is a way, right? I think SOX is an example of one of the lowest points of capitalism. Capitalism thrives on self-regulation. Unethical people (i.e., Enron management) abuse the system and now we have this modified version of capitalism where ethics are legislated into the system. We will have to see how it works.

Subject Business
Due By (Pacific Time) 07/03/2015 12:00 pm
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