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Agency Challenges Of Corp. Governance Thesis

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): Oversight Board: The Public Company Accounting Oversight Board was created to oversee the audit of public companies.

Auditor Independence: Auditors now have a list of non-audit services they can't perform during an audit.

Financial Disclosure: Off-balance sheet transactions and relationships that may affect financials must be disclosed. Annual reports must state that management is responsible for the internal controls and procedures for financial reporting.

Conflict of Interest Disclosures for Analysts: Conflict of interest disclosures need to be made by research analysts.

Fraud Accountability: Altering, destroying, concealing or falsifying records or documents with the intent to influence...

These include a rule requiring an attorney to report securities violations to the CEO.
Bibliography

Board roles and responsibilities. http://209.85.141.104/search?q=cache:Apq3uCdfKLoJ:www.1epa.org/Board%2520%2520Roles%2520and%2520Responsibilities.doc+%22legal+responsibilities%22+%22board+of+directors%22&hl=en&ct=clnk&cd=8&gl=us

Corporate accountability: A summary of the Sarbanes-Oxley Act. http://www.legalzoom.com/legal-articles//article5470.html

Sources used in this document:
Bibliography

Board roles and responsibilities. http://209.85.141.104/search?q=cache:Apq3uCdfKLoJ:www.1epa.org/Board%2520%2520Roles%2520and%2520Responsibilities.doc+%22legal+responsibilities%22+%22board+of+directors%22&hl=en&ct=clnk&cd=8&gl=us

Corporate accountability: A summary of the Sarbanes-Oxley Act. http://www.legalzoom.com/legal-articles//article5470.html
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