Cost of cutting red tape not worth the price
From Discourse DB
This is an opinion item.
| Author(s) | St. Louis Post-Dispatch editorial board |
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| Source | St. Louis Post-Dispatch |
| Date | December 6, 2006 |
| URL | http://www.statesman.com/opinion/content/editorial/stories/12/6/6editorial_edit.html |
| Quote | "It is possible that the extra costs of complying with Sarbanes-Oxley may persuade a small company to stay private, rather than offering its stock to the public. But as finance professor Mike Alderson of St. Louis University points out, "Nobody has provided evidence that Sarbanes-Oxley is interfering with the ability of businesses to invest." For the American economy, that's the real bottom line."
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This item argues against the position Act should be reformed on the topic Sarbanes-Oxley Act.
