Sarbanes-Oxley was passed in response to which of the following?
A) The .com implosion
B) The savings and loan bailout
C) The implosion of WorldCom and Enron
D) None of the above

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act was enacted in response to a series of high-profile financial scandals that occurred in the early 2000s, including those involving WorldCom and Enron. These scandals eroded public trust in financial reporting and corporate governance, leading to the creation of this legislation to enhance corporate accountability.

Sarbanes-Oxley Was Passed in Response to Which of the Following