Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2003.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2006
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| Online Access: | http://hdl.handle.net/1721.1/29710 |
| _version_ | 1826208624812228608 |
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| author | Chioffi, Vanessa A. (Vanessa Anne), 1968- |
| author2 | D. Eleanor Westney. |
| author_facet | D. Eleanor Westney. Chioffi, Vanessa A. (Vanessa Anne), 1968- |
| author_sort | Chioffi, Vanessa A. (Vanessa Anne), 1968- |
| collection | MIT |
| description | Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2003. |
| first_indexed | 2024-09-23T14:08:35Z |
| format | Thesis |
| id | mit-1721.1/29710 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T14:08:35Z |
| publishDate | 2006 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/297102019-04-12T22:56:44Z Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 Sarbanes-Oxley Act of 2002 Chioffi, Vanessa A. (Vanessa Anne), 1968- D. Eleanor Westney. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2003. Includes bibliographical references (leaves 61-62). Financial statement requirements, the Board of Directors, and the audit committee all represent methods of controlling the business decision of management in an effort to protect the investments of investors and creditors. At times, management and auditors have incentives to misrepresent the financial statements, or to exploit the accounting and reporting model, or the attest and assurance standards even though there are compelling moral and economic reasons to act ethically. Despite the high levels of legal liability, potential public embarrassment, and possible bankruptcy, some management and auditors fail to act ethically or to follow even basic professional standards. The consequences of even just a few individuals' misdeeds can have a dramatic impact on investors' confidence in financial reporting and the capital markets. This thesis probes the question of what role can legislation play in restoring public trust when it appears that all institutions that provide protection against large-scale fraud have failed to varying degrees. by Vanessa A. Chioffi. M.B.A. 2006-03-24T16:17:27Z 2006-03-24T16:17:27Z 2003 2003 Thesis http://hdl.handle.net/1721.1/29710 53982826 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 62 leaves 2466502 bytes 2466310 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Chioffi, Vanessa A. (Vanessa Anne), 1968- Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title | Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title_full | Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title_fullStr | Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title_full_unstemmed | Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title_short | Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002 |
| title_sort | can legislation restore public trust an analysis of the sarbanes oxley act 2002 |
| topic | Sloan School of Management. |
| url | http://hdl.handle.net/1721.1/29710 |
| work_keys_str_mv | AT chioffivanessaavanessaanne1968 canlegislationrestorepublictrustananalysisofthesarbanesoxleyact2002 AT chioffivanessaavanessaanne1968 sarbanesoxleyactof2002 |