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Study: Sarbanes-Oxley Law Not Changing Technology Business Culture

Study: Sarbanes-Oxley Law Not Changing Technology Business Culture

by Rick Turoczy on November 29, 2005

Survey respondents agree that SOX serves to identify fraudulent activity, but they do not believe the recent cultural change among U.S. business leaders toward “institutional integrity” and fraud prevention will stick. Only 17 percent believe there will be a “shift” among technology business leaders to institutional integrity.

The survey results, available online — demonstrate that 65 percent of respondents feel SOX has been “somewhat effective” or “very effective” in identifying incidences of financial fraud. Just 19 percent of those surveyed found SOX to be ineffective or serve to prevent fraud identification.

Study: Sarbanes-Oxley Law Not Changing Technology Business Culture

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