Melanie,
You make a good point regarding the difference in managing compliance in a larger college vs. a smaller college. Despite these efforts to encourage good self governance, corruption and scandals continued to unfold. As a result of these scandals in the corporate world, the Sarbanes Oxley Act of 2002, Public Law 107–204 (SOX) was passed and the Federal Sentencing Guidelines were further amended. The National Association of College and University Attorneys 3 SOX requires that as part of “internal controls†public companies must adopt and publish a Code of Ethics which promotes:
• Honest and ethical conduct;
• Avoiding… >>>
