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Sarbanes-Oxley News & Developments
The Cost of Being PublicA new study calculates that compliance and governance costs eased this year for companies of all sizes, though they remain much higher than they were before Sarbanes-Oxley.
> > What does it cost a company to be public? A new study estimates that companies with less than $1 billion in revenues spent $2.9 million in 2005 for the privilege of a listing, down 16 percent from the previous year, when the total added up to $3.4 million. Companies with more than $1 billion in revenues paid on average $11.5 million in 2005 to be public, a drop of 6 percent from the prior year, when being public cost $12.3 million.
Source: CFO
Published:2006-06-20
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