How does the Sarbanes–Oxley Act contribute to accurate and quality financial reporting by public corporations?

Sarbanes–Oxley Act

Having reviewed the module resources, and using your knowledge and understanding of corporate ethical responsibilities, address the following:

How does the Sarbanes–Oxley Act contribute to accurate and quality financial reporting by public corporations? Why is the act considered an excellent example of public corporations meeting a key ethical standard?
Why is it important for an investor to create a well-diversified investment portfolio? How should an investor allocate investment funds across sectors and industries?
To support your responses, provide examples of companies that were negatively affected by a lack of ethical guidelines.

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