4-66 Legislation designed to improve corporate governance practices,especially as they relate to accounting practices,is the

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The Sarbanes-Oxley Act, passed in 2002, is the primary legislation designed to improve corporate governance practices, specifically in regards to accounting practices. It was enacted in response to various corporate scandals, such as Enron and WorldCom, and established new standards of accountability and transparency for publicly traded companies.

4-66 Legislation Designed to Improve Corporate Governance Practices,especially as They