Write comments on my classmates’ assignment

I need help on writing 4 comments on my classmates assignment. The last one you did for me . I need 3 sentences for each posts.
Can I count on you?

Post number 1:
I believe that the Sarbanes-Oxley Act is necessary to protect shareholders and unknowing employees because if this legislation had not been passed, many firms would be brought down due to accounting fraud and financial misconduct. Although these firms complain that they are at a disadvantage to international firms who do not have to comply with such legislation, this ensures that the best interest of the firm is put first and in the long run, these firms that may have been brought down are actually still up and running due to this legislation. Overall, the success of a firm is the most important, and acting legally, firms can be successful now and in the future.
Post number 2:
I believe that legislation like the Sarbanes-Oxley Act (SOX) is very necessary to protect shareholders and unknowing employees. I don’t think that this has gone too far because it was put into effect due to firms experiencing accounting fraud and financial misconduct. Without putting such legislation in place, the firm could be brought down. The reason that it was put in place was to improve reliability and accuracy of corporate disclosures. Paying the money for proper conduct right away can ensure that your firm will stand in the future. While I can agree that this is a costly expense for firms and competing with international markets who don’t have regulations could be more difficult, firms could be madness without structure. Only knowing the basics of SOX, I would suggest charging the firms certain amounts of money based on size. Maybe this would even the playing field for people who feel as though they are burdened.
Post number 3:
I believe the Sarbanes-Oxley Act is import and necessary to protect unknowing employees and shareholders from fraud that may effect them. I don't think this legislation goes to far due to the fact that it began in the first place because Accounting firms were experiencing fraud and financial misconduct. These firms complain about unfair competition international firm because these firms don't have any of these legislation to hold them back. This legislation is actually helping them in the long run because without it many of these firms could be brought down and yet are still up and running today because of it. Firms are also complaining about the price that this legislation is costing them, but if they truly stopped to think about it would the price that they are having to pay for the legislation better or worse then getting shut down and being out of business. I know it must be a burden trying to compete with the international firms but with out this legislation there would be no structure and with out structure people usually end up running wild. I don't know to much about SOX, but I would assume there must be some way we can cut down the cost of this legislation or at least charge them on a scale of how big the company is or on how much they make. This way the little guy isn't going out of business just trying to pay for SOX. In conclusion I think we need this legislation and without it i feel like some firms would just run wild without it.
post number 4:
SOX was implemented due to the unethical actions of financial managers in the real-world, and they had real consequences for both shareholders and employees. I believe that by taking example from real-world scenarios, the implementation of such a legislation that protects all stakeholders involved was/is necessary. Enron, a large energy and commodities corporation had their financial downfall in December 2001, and there was evidence to show that Enron’s board of directors intentionally suspended the firm’s code of ethics to create additional benefits for its CFO in risky ventures (Keown, Martin, & Petty, 2017). This resulted in the withdraw of all business operations in the process of filing for bankruptcy with substantial losses for the unknowing employees and shareholders.
This event alone is a great example as to why I am in full support of the SOX legislation and what it entails for businesses. Although there have been complaints about the thorough and costly financial reports that must be produced for all publicly traded businesses within the United States, I believe that cost should be classified as a fixed-cost for all companies going public. They have a duty to supply accurate and relevant financial statement to the general public and more specifically the shareholders of the firm. When these financial statements are not created with detail and accuracy the information can easily become distorted or well-hidden for investors and current shareholders, creating substantial risk for new and current shareholders, and employees. I am in full support of what the SOX legislation does to prevent unnecessary risk for shareholders and employee