Legislative pressure is requiring corporate America to set its financial house in order, creating an uptick in demand for accounting professionals. Business schools respond by retooling accountancy programs for the post-Enron era.

Research team discovers an unintended benefit of the 2002 Sarbanes-Oxley Act: Aside from tightening controls on corporate misbehavior, the law creates better board governance which, in turn, improves a corporation's credibility with the market.