Sarbanes-Oxley Act

Definition of "Sarbanes-Oxley Act"
  1. A 2002 law that requires public companies to disclose certain information to shareholders, offers protection to whistleblowers, and mandates strict audit practices
How to use "Sarbanes-Oxley Act" in a sentence
  1. The Sarbanes-Oxley Act ensures that public companies are held to a high standard of financial transparency.
  2. Under the Sarbanes-Oxley Act, whistleblowers who report financial misconduct are legally protected.
  3. The audit department has implemented more rigorous practices in compliance with the Sarbanes-Oxley Act.

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