Corporate Governance is a general term describing the good, efficient and sound managing of an organisation. In the United States of America, the downfall of Enron and Worldcom have led to the Sarbanes-Oxley law (SOx), in which regulations with regard to internal control and Corporate Governance are established for American stock market listed funds. This means that besides the yearly financial report, there must be a chapter within the yearly report concerning the evaluation of internal control. Companies not of American origin also have to conform to the SOx law when they are listed on the NYSE. In the Netherlands, the Code Tabaksblat is mandatory for all stock market listed companies.