1. Goverment oversight of corporate finances.
It is a way where government supervises and sets up legal measures to those violating financial rules and regulations. ... Government also sets up preventive measures and has authority to enforce law and bring legal action against those who have committed fraud and corruption, like in the case of Enron's collapse. ... It also helps to ensure accurate data and record keeping to corporate companies and businesses, while the government supervises and sets up legal measures to those violating financial rules and regulations. ...
- Word Count: 466
- Approx Pages: 2
- Grade Level: Undergraduate