financial reporting

What were two common traits that were seen in the corporate scandals of 2002, such as Enron and WorldCom? How can a corporation improve its corporate governance and corporate responsibility? Discuss how Sarbanes-Oxley has improved financial reporting by summarizing a portion of the law and why you think that specific requirement has made financial reporting better.

Support your positions and provide citations for all outside sources used to develop and defend your position.

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