The campaign to clean-up corporate America following the shocking abuses of the last stock market bubble set out with an ambitious aim. Reformers wanted not just to deter future malpractice with tighter financial regulation but also hoped to address flaws in the culture of business life that many feared had corrupted the US boardroom in a much more profound way.
Three years on, the federal legislation at the centre of this reform process, dubbed Sarbanes-Oxley after its two Congressional sponsors, has entered its final phase.
