Perceptions of the Directive Body of a Japanese Multinational about the Implementation of the Sarbanes-Oxley Act of 2002 Requirements

Authors

  • Ivam Ricardo Peleias
  • José Carlos Penha
  • João Bosco Segreti
  • Anísio Candido Pereira

Keywords:

Corporate Governance, Risk Management, Internal Auditing, Sarbanes-Oxley Act of 2002, Internal Control.

Abstract

This article has studied the positioning of the directive board of the subsidiary of a japanese multinational in Brazil, about the future implementing of the requirements of the Sarbanes-Oxley Act of 2002 in such company, and its main points and impacts in Brazil and abroad are shown. The case study method was used as research strategy, and applied a questionnaire to all the directors and managers. The data was treated by the descriptive Statistics, with the Discriminant Analysis. The result was that such directors and managers will act according to the need of implementing the requirements of the Law. The research showed they are aware of the problemas of the current internal control, corporate governance and risks management systems, and the necessity of investments for the full attendance to the requirements of the Law. It was verified that the internal control and corporate governance rules are not fulfilled by all the employees. It was detected a tendency to risks. However, the culture of risks management is still incipient. The results offered reccomendations for a better internal control and risks management.

Published

2010-03-25

How to Cite

PELEIAS, I. R.; PENHA, J. C.; SEGRETI, J. B.; PEREIRA, A. C. Perceptions of the Directive Body of a Japanese Multinational about the Implementation of the Sarbanes-Oxley Act of 2002 Requirements. Contabilidade Vista & Revista, [S. l.], v. 21, n. 1, p. 15–40, 2010. Disponível em: https://revistas.face.ufmg.br/index.php/contabilidadevistaerevista/article/view/814. Acesso em: 18 jul. 2024.

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