Enron's Last Victim: American Markets

From Discourse DB
Jump to navigation Jump to search

This is an opinion item.

Author(s) William A. Niskanen
Source The New York Times
Date January 3, 2007
URL http://www.nytimes.com/2007/01/03/opinion/03niskanen.html
Quotes-start.png "Sarbanes-Oxley has seriously harmed American corporations and financial markets without increasing investor confidence. The section of the law requiring companies to perform internal audits has turned out to be far more costly than proponents projected, especially for smaller firms. These costs have led some small companies to go private, hardly a victory for public oversight, and some foreign firms to withdraw their stocks from American exchanges." Quotes-end.png

Add or change this opinion item's references

This item argues for the position Act should be repealed on the topic Sarbanes-Oxley Act.