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Relationship Between Corporate Social Responsibility and Sarbanes-Oxley Act 200

Posted on:2019-08-17Degree:D.B.AType:Thesis
University:Northcentral UniversityCandidate:Lee, Regina Dong-GinFull Text:PDF
GTID:2449390005471995Subject:Accounting
Abstract/Summary:
This paper aimed at analyzing various sources of information to prove that compliance with Sarbanes-Oxley Act has a positive influence on the companies' initiatives on social responsibility. The purpose of this mixed-method study with a concurrent nesting approach exploring weak internal services that associates with corporate social responsibility for publicly-traded corporations. Using a mixed-method study method of a concurrent nested, the deductive approach was selected to be the approach of the study. A questionnaire generated from surveymonkey.com was used to collect data about the perception of the participants about the chosen research topic's hypothesis conducted on 141 forensic accountants selected form Linkedin.com and affiliated with organizations that follow the Sarbanes-Oxley Act. From the findings discussed in the prior chapter, there is a relationship between Sarbanes-Oxley Act and corporate social responsibility. Following the findings and the implications discussed above, this study recommends that corporations should strengthen their internal controls by implementing the following control tools in the accounting systems. Another recommendation is directed to future studies. This study was limited to a population of forensic accountants who reside in the United States. It is imperative that future researchers try to target the population of a different jurisdiction in order to provide a comparative analysis of the data obtained in the two jurisdictions. Further studies will help to understand cybercrimes that relate to financial safety of organizations and whether corporate social responsibility can suppress the appetite for cybercrime practices.
Keywords/Search Tags:Corporate social responsibility, Sarbanes-oxley act
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