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Oh, the joys of being a general counsel at a private company. No need to worry about all those laws and rules governing public corporations, in particular the Sarbanes-Oxley Act. But a growing number of private companies are voluntarily implementing many SOX requirements. Why? According to Foley & Lardner corporate partner Paul Broude, co-author of a recent survey of private companies and nonprofits and their compliance with SOX, most private companies "feel the pressure to do something."
August 23, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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