The purpose of the ________ is to increase penalties for corporate wrongdoers,establish rules designed to deter and prevent future wrongdoing,and encourage and enable corporate executives to be ethical and socially responsible.

Question

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Congress passed the Sarbanes-Oxley Act,which increased penalties for corporate wrongdoers and established rules designed to deter and prevent future wrongdoing.The purpose of the statute is to encourage and enable corporate executives to be ethical and socially responsible.

The Purpose of the ________ Is to Increase Penalties for Corporate