Sarbanes-Oxley Act

A United States law, passed in 2002, regulating the transparency of publicly held companies. In particular, public companies must establish a way for the company to confidentially receive and deal with complaints about actual or potential fraud from misappropriation of assets and/or material misstatements in financial reporting from so-called "whistle-blowers."

Link to text of law: Sarbanes-Oxley Act

Acronym(s): SOX

Related term(s): Whistle-Blowing

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