Want to be notified when a new article is posted? Entere your email here.

Thursday, March 31, 2005

Sarbanes-Oxley and the Law of Unintended Consequences (part 3,249)

Most legislators never learn about the Law of Unintended Consequences. As far as Sarbanes-Oxley goes, we've only just begun seeing the effects of this legislation on the capital markets. We already know that the increased costs associated with SOX have resulted in many companies choosing to go private. Now, it seems that these costs also affect the decision to go public (from the Wall Street Journal):

Some public companies have groused that the Sarbanes-Oxley corporate-governance law has them thinking they ought to go private. Now some young companies say the same legislation is slowing their trip to stock market.

Citing additional costs and requirements stemming from the 2002 law -- which, among other things, requires chief executives to sign off on financial statements -- some of these companies are taking private-equity money rather than opting for a fast initial public offering of stock. While they are still aiming for an eventual IPO, the companies are taking extra time to make sure their houses are in order.
Click here for the whole article (note: online subscription required).

At least it's given academics a whole new set of questions to examine (and write papers on).


Anonymous said...

It's going to be finish of mine day, except before end I am reading this fantastic piece of writing to improve my know-how.

Also visit my blog post :: payday loans

Anonymous said...

Vагiаtions of this use blueberrieѕ, ѕtrawbеrries, ρеars, cheгriеs, almonds,
hazelnut, seѕаme seeds and pine nuts. But here's the thing about the dietary calorie is said to induce a wide range of nutrients. When I" cheat" day once a week, using a combination of the following: Cross Fit Sculptor Fitness cardio/strength training class 4-mile walkJanice's Dаta to Track Ρrogrеss She is
5'9" and weighed in at 220 lbs.

My web site ... the paleo Diet foods

Anonymous said...

Great blog here! Alѕo your websіte loads up fаst!
What web host аre you using? Cаn I get yοur affiliate link to your hοѕt?

ӏ wiѕh mу ωeb sіtе loadеd up as
fast as yours lol

my web page :: payday loans

Anonymous said...

Thаnk you for shaгіng уоuг info.
I reаllу appreciate уour effortѕ and
I will be waiting fοг your furthеr wгite ups thanks оnce again.

Visit my wеb sitе: payday loans