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Direct linkMacTaggart, Terrence J. – Association of Governing Boards of Universities and Colleges, 2007
Advocates of corporate governance reform hailed passage of the Sarbanes-Oxley Act in 2002 as a long-overdue raising of the accountability bar for corporate directors. Although SOX, as the law is widely known, does not legally apply to nonprofit boards, it has profoundly influenced the way many trustees, especially current and former corporate…
Descriptors: Trustees, Governing Boards, Role, Higher Education
