Introduction [In the corporate governance and compliance arena, Sarbanes Oxley Act has commanded considerable attention. Developed in response to accounting scares that rocked the business world, SOX has introduced significant legislative changes to corporate governance and financial reporting practices](Donaldson, 2004, Inflex Consulting Website). Key Concepts The role of stakeholders CareNetWest Companies, Inc. is a relatively new company that is facing some compliance issues. Many of the issues stem from those that deal with the stakeholders in the company. This includes the management, the employees, the board, and even the shareholders. One area that is noticeable right from the beginning is that the company is in no position to deal with the compliance with the Sarbanes � Oxley Act. This and among other things can compounded on from the amount of auditing that comes with compliance regulations. Experience lacks on all fronts with the personnel in the company and that will need to be addressed for the company to be able to meet the demanding process of risk manag......

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