The ________ Act, Enacted by Congress in 2002, Requires Public

question 76

Multiple Choice

The ________ Act, enacted by Congress in 2002, requires public companies to adopt codes of ethics and establishes criminal penalties for companies that partake in violations.

• A) Glass-Steagall
• B) Sarbanes-Oxley
• C) False Claims
• D) Business Norms

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Definitions:

Self-discrepancy Theory

Higgins’s theory about the consequences of making actual – ideal and actual – ‘ought’ self-comparisons that reveal self-discrepancies.

Festinger

Leon Festinger was a psychologist known for the theory of cognitive dissonance, which describes the discomfort felt when holding conflicting thoughts or beliefs.

Self-regulation

The process by which individuals control their own thoughts, emotions, and behaviors to pursue long-term goals.

Self-discrepancy

A psychological theory detailing the discrepancy between an individual's actual self, ideal self, and ought self.