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SOX ensure accurate financial statements by eliminating unethical acts in organizations hence increasing the public’s confidence in investment. Therefore, employees are required to report any wrongdoing for the organization to be punished by the federal government. The enforcement of the Act actually resulted to decline in financial scandals. However, 2008 financial crisis proved that any regulation is unable to reduce or control risks. Additionally, due to the cunning nature of organizations, the Act has been greatly challenged. A good number of companies have refused to go public in order, not to comply with the SOX Act.
SOX are not necessary for companies because it just limits flexibility of financial management despite the stiff global competition. It also raises costs to organizations in the form of monetary expenses associated with SOX compliance. Since companies are more concerned with public image, they need no strict regulation for them to act ethically. They often have internal controls necessary to maintain the required ethical
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The objectives for this four-hour seminar are given, as follows: Introduce and discuss the concept of performance management, its relevance to employee performance, and business objectives Explain three components of performance management systems Explain the correlation between motivation and performance management in relation to the motivational theories Name four factors needed to manage effectively performance and explain its purpose First Part I.
Nurses' varied duties are mostly technical in nature like taking blood pressure and managing complex life-support system in intensive care units. Basing nursing jobs to the job characteristics theory's 3 critical psychological states, the design of nursing jobs appears to be done successfully.
lity arises as a result of external and internal demands; which is why The Sarbanes-Oxley Act was set in 2002 to be able to monitor the accounting and financial standards in publicly held companies. In the years before the act, the U.S. corporate world witnessed successive
The discovery of various social networking sites has increased the communication exchange among the teenagers publicly on the Web sites. Social networking media allow the interested people to create their own and personalized
Moreover, the concepts and modules of Donald’s theory apply in the formulation of the best options and developments that counter the issues experienced by James Ralph as the vice president of administrators in the Mater