Sarbanes-Oxley: Smaller Companies Bear the Brunt of Compliance Costs
In 2002, Congress passed the Sarbanes-Oxley Act, sweeping legislation to reform federal securities laws in response to Enron, Worldcom and other corporate scandals. Since then, many of the notable culprits have been successfully prosecuted and are either serving hard time in prison or have passed away. Yet the legislation (commonly called SOX) remains, along with the spate of related Securities and Exchange Commission rules. And so do the compliance costs facing Oregon’s public companies. View full article (PDF).
This article first appeared in Oregon Business Magazine.