Corporate Governance and Ethics

Businesses and markets require trust to operate efficiently. Without trust, additional laws and regulations are required and all laws and regulations are expensive. For a lucid article on ethics and the financial crisis, see: “Can Ethical Restraint Be Part of the Solution to the Financial Crisis?” By Stephen Jordan, member of the Caux Roundtable on Moral Capitalism for a Better World .

The article can be found at

Sample Solution

Use your textbook and information from the previous article to discuss this question:

Is regulation more the answer to corporate governance and ethical failures? Why or why not?

  1. State the virtues and limitations of the Sarbanes – Oxley Act