The Major Purpose of the Sarbanes-Oxley Act of 2002 Was

question 111

True/False

The major purpose of the Sarbanes-Oxley Act of 2002 was to place caps on the compensation that could be paid to corporate executives.

---

Definitions:

Critical Psychological States

Essential mental conditions believed to affect an individual's motivation and effectiveness in a work setting.

Personal Growth

An individual's process of developing self-awareness, knowledge, skills, and mastering new challenges.

Job Characteristics Model

A framework that proposes that a job's characteristics affect employee motivation, satisfaction, and performance, including skill variety, task identity, task significance, autonomy, and feedback.

Job Feedback

The process of giving employees information regarding their performance, which can be positive or constructive, aimed at improving their future performance.