Audit and governance steps to actually improve the business
U.S. public companies loathe it, at least one U.S. legislator says it’s killing the economy because so many companies are delisting or deciding not to list in the first place, members of the Securities and Exchange Commission call it “frightening” and foreign public companies — especially those in Europe — can’t seem to stomach the thought of having to comply with the Sarbanes-Oxley Act of 2002.
According to an article in The Independent, however, the London Stock Exchange is quite thankful for Sarbanes-Oxley. LSE reported yesterday that it has received more initial public offering funds so far this year than were received throughout last year.
See full Article.
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