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Sarbanes-Oxley News & Developments
So, Why Be Public?This is a question more and more companies have been asking.
> > It has been over two years since the Enron scandal broke and well over a year since Congress passed its sweeping reform legislation, the Sarbanes-Oxley Act. Enough time, perhaps, to gain some perspective on a series of scandals that continue to shock the senses of even the most jaded business observer.
The public corporation carries a fragmented set of owners. This continues to be one of its great advantages as well as an unavoidable, structural weakness. Public ownership spreads the entrepreneurial risk inherent in any particular venture.
Source: CFO
Published:2004-04-20
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