Sarbanes-Oxley Act of 2002 (SOX)

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Term: Sarbanes-Oxley Act of 2002 (SOX)

Definition:An act passed by the U.S. Congress to protect shareholders and the general public from the possibility of fraudulent accounting activities by corporations. It mandates improved financial disclosures from corporations.

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26 - Compensation Committees: Framework for Executive Compensation Alignment 8
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