Culture of compliance and internal controls

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Culture of Compliance and Internal Controls

One way to encourage a culture of compliance is through internal controls. Evidently SOX has succeeded in putting in place a laundry list of internal controls. Some of these are: independent audit committees; reports signed by management; and increased punishment for offenders. Do you think that a company can achieve this "culture of compliance" if the ethical tone of the company is not set from the top?

Reference no: EM1353256

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