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Why are the criminal proceedings of enron executives a test

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Problem

The March 2006, issue of the Financial Executive Journal includes an article by Cunningham Colleen entitled "The Enron Trial and Its Link to Sarbanes-Oxley." The article presents a discussion of white collar crime cases, specifically focusing on the trials of Enron executives Ken Lay, Jeff Skilling and Andrew Fastow. Lay is charged with seven counts of conspiracy and fraud, while Skilling is charged with 31 counts of fraud, conspiracy and insider trading. Are the criminal proceedings of Enron executives a test of Sarbanes-Oxley's effectiveness?

Reference no: EM131786039

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