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Sarbanes‐Oxley legislation and the private company: if not a marriage, then certainly an engagement

Dan R. Dalton, Catherine M. Dalton

Journal of Business Strategy

ISSN: 0275-6668

Article publication date: 1 April 2005

1005

Abstract

Purpose

Looks at attempts to avoid Sarbanes‐Oxley guidelines over past few years. It has been widely reported, for example, that the number of public companies announcing their intention to privatize has increased 30 percent since the enactment of SOX. Some other companies will elect not to seek initial public offerings but will remain private enterprises.

Findings

Private firms have so far avoided such Sarbanes‐Oxley regulations changes. Pressure is mounting, however, to ensure that whether public or private, firms operate in compliance with SOX. Some states are considering Sarbanes‐Oxley‐like legislation.

Practical implications

Provides managers with information on progress toward applying Sarbanes‐Oxley guidelines to private corporations.

Originality/value

Of particular value to CEOs and other board members.

Keywords

Citation

Dalton, D.R. and Dalton, C.M. (2005), "Sarbanes‐Oxley legislation and the private company: if not a marriage, then certainly an engagement", Journal of Business Strategy, Vol. 26 No. 2, pp. 7-8. https://doi.org/10.1108/02756660510586274

Publisher

:

Emerald Group Publishing Limited

Copyright © 2005, Emerald Group Publishing Limited

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