The public outcry over the Enron scandal and waning public confidence in the oversight of financial frauds in the market led __________ to pass several laws to improve the quality of financial disclosure by public corporations.

Question

The public outcry over the Enron scandal and waning public confidence in the oversight of financial frauds in the market led ­­­__________ to pass several laws to improve the quality of financial disclosure by public corporations.

Quizplus · Accepted Answer

Congress passed several laws, including the Sarbanes-Oxley Act of 2002, in response to the Enron scandal and other financial frauds to improve the quality of financial disclosure by public corporations.

The Public Outcry Over the Enron Scandal and Waning Public