This introductory chapter begins with a brief review of the events that precipitated the passage of the Public Company Accounting Reform and Investor Protection Act of 2002 (Sarbanes–Oxley) and the Wall Street Reform and Consumer Protection Act of 2010 (Dodd–Frank). It then discusses the meaning of corporate governance. It considers the economic crises that rocked the opening decade of the twenty-first century and corresponding federal responses. An overview of the subsequent chapters is also presented.
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