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The Sarbanes-Oxley Act was passed in response to major corporate failures regarding the accuracy of reported financial information, such as with Enron and WorldCom, that raised serious questions regarding top management behaviour and the accuracy of financial reports provided by the firms.
Freezing
A physical process where a liquid turns into a solid when its temperature is lowered below its freezing point.
Refreezing
The final stage in the change process where new behavior becomes integrated into the norm, ensuring stability.
Moving
The act or process of changing physical location or position, often implying a transition or passage from one place to another.
Lippitt's Theory of Change
A model that outlines the steps necessary to implement change successfully, focusing on the roles of the change agent and the change process.
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