What is the intended outcome of this Sarbanes-Oxley Act?

The Sarbanes-Oxley Act (SOX) was enacted in 2002 to enhance corporate governance and accountability in response to financial scandals, such as Enron and WorldCom. Its intended outcomes include improving the accuracy and reliability of financial reporting, establishing stricter regulations for financial disclosures, and protecting investors from fraudulent accounting practices. By imposing stringent penalties for non-compliance, SOX aims to restore public trust in the financial markets and ensure ethical behavior among corporate executives and boards.