And this writer thinks that is a very good thing, indeed.
One thought on “Sarbanes-Oxley’s reach lengthens …”
I have posted a link here for a short article that argues that Sarbanes-Oxley is another unnecessarily burdensome regulation that dampens entrepreneurship. This article posits that the tighter controls imposed by Sarbanes-Oxley to protect shareholders appear to have come at the expense of new jobs and innovation. Additionally, in an already credit-constrained economy, opening capital markets for entrepreneurial financing, including stock exchanges, is important. The author of the article states that policymakers should re-evaluate the effect of SOX on entrepreneurial firms and consider turning its most onerous requirements optional.
I have posted a link here for a short article that argues that Sarbanes-Oxley is another unnecessarily burdensome regulation that dampens entrepreneurship. This article posits that the tighter controls imposed by Sarbanes-Oxley to protect shareholders appear to have come at the expense of new jobs and innovation. Additionally, in an already credit-constrained economy, opening capital markets for entrepreneurial financing, including stock exchanges, is important. The author of the article states that policymakers should re-evaluate the effect of SOX on entrepreneurial firms and consider turning its most onerous requirements optional.
Here is the article: http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/February/Reevaluating-SarbanesOxley.aspx