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Corporate America needs Sarbanes-Oxley

Corporate America needs Sarbanes-Oxley

by Rick Turoczy on October 16, 2006

Although regulators have forced big corporate-governance changes, many boards have proved unable to operate in the best interests of shareholders.

In light of the recent controversy over stock option backdating, it is clear that corporate America needs Sarbanes-Oxley to maintain transparency and to keep the microscope on big business.

Boards of directors are responsible for enforcing corporate governance, and they are failing that responsibility. Action needs to be taken.

Corporate America needs Sarbanes-Oxley

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