Baynes identifies these weaknesses in the SOX law: (1) non-securities fraud matters are not covered; (2) low-level

Question:

Baynes identifies these weaknesses in the SOX law:

(1) “non-securities fraud matters are not covered;

(2) low-level employees may not be aware of the protections;

(3) no guidance is given as to when to report wrongdoing to outside authorities or to a supervisor;

(4) no guidance is given as to when the whistleblower should go over his or her supervisor’s head to senior management; and (5) no protection is given to undercover retaliations that do not quite manifest themselves as a ‘discharge, demotion, suspension, threat, or other manner of discrimination.’”
. Working with a group of classmates, tackle each of these issues. How would you amend the law to respond to them? Might some of these concerns be more effectively addressed by changes in corporate policy or culture? If so, what changes would your group recommend?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Law And Ethics In The Business Environment

ISBN: 9780324657326

6th Edition

Authors: Terry Halbert , Elaine Ingulli

Question Posted: