Sarbanes-Oxley And Revised Listing Standards: Implications For Private Equity Funds (Update) - Corporate Governance Alert
- Topics:
- Investor Relations
- Tags:
- Akin Gump Strauss Hauer & Feld,
- Sarbanes-Oxley Act,
- Sarbanes-Oxley,
- Regulatory Compliance,
- Regulations,
- Private Equity Fund,
- Private Equity,
- Policies And Procedures,
- Human Resources,
- Government,
- ...
- Source:
- Akin Gump Strauss Hauer & Feld
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Overview: Private equity funds often seek board representation in connection with their investments in order to play a more active role in the portfolio company’s management, strategic development and direction. The Sarbanes-Oxley Act and the proposed listing standards of the NYSE and Nasdaq will affect the composition of the boards of directors and audit committees of certain portfolio companies and will impact the individual members of the board. The provisions discussed in this Alert are in addition to other provisions of the Sarbanes-Oxley Act previously discussed in other Alerts, including personal certification of periodic reports by chief executive and chief financial officers, new accounting reforms and heightened corporate disclosure requirements.
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Format: PDF | Size: 1,710KB | Date: Mar 2003 | Pages: 12



