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Sarbanes-Oxley News & Developments
Sarbox: Spur to Foreign-Company Flight?Section 404, in particular, might be causing a number of overseas companies to take the difficult step of deregistering with U.S. regulators.
> > A handful of non-U.S.-based companies have chosen to de-list from U.S. exchanges according to The Wall Street Journal. Their decisions have come before governance provisions like Sarbox Section 404 go into effect next year for foreign-based companies that are listed in the United States.
Source: CFO
Published:2004-09-21
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