Finance executives are helping to raise board members' compliance IQ.
Boards of directors are overwhelmed by Sarbanes-Oxley. They're exhausted from information overload and concerned that Section 404 minutia is biting into their capacity for strategic oversight. "From a director's point of view, there is concern that compliance is taking us away from providing value to the company," reports Roger Raber, president and CEO of the National Association of Corporate Directors (NACD), headquartered in Washington, D.C.
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