Filed in archive SOX by leon on October 19, 2006

Costly, over-taxing and a complete waste of time.

The first two claims about Sarbanes-Oxley from smaller companies are not completely without foundation.

But the third warrants another look.

But a new study from MIT Sloan School of Management professor Richard Lafond has found that firms with sound internal controls have a lower cost of capital.

It also explains why small private firms are complying with Sarbanes-Oxley even though they don't have to. As the Wall Street Journal explains, it's seen as improving efficiency and reassures customers and lenders.

With the Sarbox influence spreading wider, it's hard to see how it could be wound back without there being some fallout.

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Permalink: SOX appeal

Tags: SarbanesOxley Richard Lafond business corporate home sarbanes+oxley management+compliance corporate+

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Vote for SOX appeal:

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Rating: 6.00 out of 3 vote(s) cast.

Response from: IndianPad

Sox First: SOX appeal posted at IndianPad.com

Response from:

Is SOX good for business? Critics say its costly, over-taxing and a complete waste of time. The first two claims about Sarbanes-Oxley from smaller companies are not completely without foundation. A new study from MIT Sloan School of Management has foun...

Response from: news.fatpitchfinancials.com