John R. Boatright in Individual Responsibility in theAmerican Corporate System:

John R. Boatright in Individual Responsibility in theAmerican Corporate System: Does Sarbanes-Oxley Strike the RightBalance? argues that the primary purpose of laws governingcorporate responsibility is deterrence.Do you agree with thisinterpretation?Why or why not?Appeal to the ethicaltheories discussed in this chapter and in class to support yourposition.