2026-09-19T14:26:38Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/297102022-01-13T07:54:52Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
D. Eleanor Westney.
Chioffi, Vanessa A. (Vanessa Anne), 1968-
Sloan School of Management.
Sloan School of Management
2006-03-24T16:17:27Z
2006-03-24T16:17:27Z
2003
2003
http://hdl.handle.net/1721.1/29710
53982826
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2003.
Includes bibliographical references (leaves 61-62).
Financial statement requirements, the Board of Directors, and the audit committee all represent methods of controlling the business decision of management in an effort to protect the investments of investors and creditors. At times, management and auditors have incentives to misrepresent the financial statements, or to exploit the accounting and reporting model, or the attest and assurance standards even though there are compelling moral and economic reasons to act ethically. Despite the high levels of legal liability, potential public embarrassment, and possible bankruptcy, some management and auditors fail to act ethically or to follow even basic professional standards. The consequences of even just a few individuals' misdeeds can have a dramatic impact on investors' confidence in financial reporting and the capital markets. This thesis probes the question of what role can legislation play in restoring public trust when it appears that all institutions that provide protection against large-scale fraud have failed to varying degrees.
by Vanessa A. Chioffi.
M.B.A.
62 leaves
2466502 bytes
2466310 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Sloan School of Management.
Can legislation restore public trust? : an analysis of the Sarbanes-Oxley Act 2002
Sarbanes-Oxley Act of 2002
Thesis
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