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Price of Regulatory Compliance Skyrockets, According to Board Directors Worldwide

Price of Regulatory Compliance Skyrockets, According to Board Directors Worldwide

by Rick Turoczy on November 23, 2004

Complying with the Sarbanes-Oxley Act and other corporate governance legislation has come at a significant cost — both monetary and otherwise — to companies worldwide, according to the 31st Annual Board of Directors Study, released today by Korn/Ferry International (NYSE:KFY), the premier provider of executive search and leadership development solutions.

The most comprehensive, longest-running survey of its kind in the world, the Board of Directors Study examines opinions and practices found in boardrooms of major corporations throughout the world. The findings are based on the responses of nearly 1,000 board members from 14 nations in the Americas, Asia Pacific, and Europe. This year, the survey population was expanded to include directors of South African companies.

Price of Regulatory Compliance Skyrockets, According to Board Directors Worldwide

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