A major advantage of the Sarbanes-Oxley Act of 2002 (SOX) is:
A) good investor protection
B) increase in compliance costs
C) that it constrains managers' ability to run the firm
D) that it may discourage development of human capital in the firm

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 (SOX) provides good investor protection by increasing the transparency and accuracy of financial reporting, thereby making it easier for investors to make informed decisions about investing in a company.

A Major Advantage of the Sarbanes-Oxley Act of 2002 (SOX)