Seton Hall University Corporate Responsibility & Caremark Intern Case Study

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Please read the case

In re Caremark Intern. Inc. Derivative Litigation, 698 A.2d 959, 2 EXC 21 (Del. Ch. 1996). then please write a 2-3 page essay addressing the following questions:

1. How did Caremark deal with the question of corporate responsibility to ensure that its employees don’t break the law?

2. How did the Caremark case resolve this question?

3. What effect has Caremark had subsequent to the decision on corporate compliance policy-making?

4. Discuss the ways in which corporations that decrease their own vulvernability in the wake of Caremark.

5. Discuss the role of the 2002 Sarbanes-Oxley Act in taking the logic of Caremark farther.