Problem:
Corporate culture has to be manifested by the top executives in an organization if it is to truly pass down to lower level employees. In cases of wide-spread corporate fraud simply establishing the proper procedures to follow, no longer gets CEO's off the hook; CEO's are now required to lead by example. One exhibit of this change in policy is the requirement that CEO's of publicly traded compaies must now sign off on the validity of their financial statements, with jail time being a possible punishment for misrepresentation. Explain.