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If Rep. Michael G. Oxley, co-author of the now three-year-old corporate governance initiative, could change one thing about SOX, he'd make it more flexible and less one-size-fits-all, especially for small and midsize public companies, he said at a panel discussion this week. Will SOX prevent repeats of debacles like WorldCom and Enron? "We have laws against murder, but people get murdered every day," Oxley said.
October 19, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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