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Sarbanes Oxley Act

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Sarbanes Oxley Act
Sarbanes–Oxley Act of 2002 is a United States federal law that mandated a number of reforms to increase corporate responsibility, enhance financial disclosures and prevent corporate and accounting fraud (Shakespeare, 2008). The laws are a set of rules that guides the conduct in society. Legal rules and ethical decisions are similar but differ on certain points. Sarbanes Oxley was created with new standards for corporate accountability as well as new penalties for acts of wrongdoing.

In the healthcare industry being legally right, but ethically wrong is often seen. For example having an abortion in some states in legal but realistically it is ethically wrong. Many people have protested against abortion clinics for years but it is still legal
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