Professor Zabi Rezaee Honored by SOX Institute

The wave of financial scandals at the turn of 21st century eroded investor confidence in corporate America and its financial reports. U.S Congress responded by passing the Sarbanes-Oxley Act of 2002 (SOX) to restore investor confidence. The persistence of financial scandals and resulting recent financial crisis encourage Congress to pass the new Restoring American Financial Stability Act of 2010 (RAFS) better known as the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (DFA) which was signed into law on July 21, 2010. These Acts are intended to prevent further financial crisis and promote the corporate culture of honesty, integrity and competency. Professional organizations such as the SOX Institute have been created to promote effective corporate culture with a keen focus on governance, risk assessment and compliance. Zabi Rezaee,Thompson-Hill Chair of Excellence in the School of Accountancy, has been selected as a finalist for the 'Governance, Risk, Compliance MVP Award' from the SOX Institute in recognition of his excellence in promoting SOX compliance, good governance and risk assessment. Notably, Zabi was the only academic selected as a finalist for the award.