Sarbanesoxley Act Of 2002

Sarbanes–Oxley Act of 2002Name:Institutional affiliationArticle ReviewA review of the article, Sarbanes-Oxley Changed Corporate by Michael W. Peregrine published on the New York Times on JULY 25, 2012.Michael WPeregrine is one of the partners in the law firm of McDermott Will & Emery LLP. He is among the most reputable lawyers in matters of corporate governance laws in the country. In 2006, Peregrine was appointed by the American Health Lawyers Association as a fellow. In addition, he is a monthly columnist on corporate governance for the New York Times and the Columbia law school’s blog among others. In the article, Sarbanes-Oxley Changed Corporate, he describes thePublic Company Accounting Reform and Investor Protection Act commonly referred to as the US Sarbanes–Oxley Act of 2002asthe law enacted to discipline corporates in the United States. According to the writer, the law has been a successful in reshaping how corporates are governed. He particularly emphasizes on the powerfulchecks and balance created by the law to ensure the corporate boardrooms oblige with their fiduciary duties. The writer concludes by stating that the effectiveness of the Act can only be measured by comparing the fiduciary behavior