Is there any relation between SOX and 2008 Financial Crisis?
In 2008 a global economic crisis is affected by several factors such as:
1. High oil prices, which led to both high food prices (due to a dependence of food production on petroleum, as well as using food crop products (ethanol, biodiesel) as an alternative to petroleum) and global inflation;
2. A substantial credit crisis leading to the bankruptcy of large and well established investment banks as well as commercial banks in various nations around the world;
3. Increased unemployment;
However is there any relation between SOX and 2008 Financial Crisis?
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