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Listen to a podcast of Linda Thomsen, former director of enforcement at the Securities and Exchange:"How Sarbanes-Oxley Has Affected Corporate Culture".
1.Discuss how the Sarbanes-Oxley Act has changed corporate culture. A transcript of the podcast is also available through the URL.
2.Expand on how the Sarbanes-Oxley Act impacts organizational culture and why federal oversight like this is needed.
Additionally, Linda Thomsen mentions in the podcast that she expects further misconduct to occur. Why do you think this type of misconduct continues despite these regulatory laws?
In Dec 1999, Johny borrowed RM10,000 from Tony. Johny promised to repay the loan within a month. However, Johny did not repay the loan and Tony went overseas for further studies. He returned to Malaysia last month and demanded repayment from Jo..
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