Mind The Gap! What Corporate Dealmakers (And Those Who Rely on Them) Need to Know About Sarbanes-Oxley
- Topics:
- Investment Strategy
- Tags:
- Finance,
- Sarbanes-Oxley,
- Regulatory Compliance,
- Regulations,
- Policies And Procedures,
- Mergers & Acquisitions,
- M&A,
- Investment,
- Human Resources,
- Government,
- ...
- Source:
- PricewaterhouseCoopers
FREE Registration is required
Overview: The Sarbanes-Oxley Act of 2002, designed to improve corporate governance, never mentions mergers and acquisitions, and could easily appear irrelevant to the work of corporate development officers. However, nothing could be further from the truth. Sarbanes-Oxley is not a mere post-close housekeeping detail for your finance and legal departments to work out. Provisions of the law reach down into every part of a business, affecting both existing and newly acquired operations. Dealmakers who fail to investigate Sarbanes-Oxley issues early in the deal process may not suffer the full impact of the law, which can include hefty fines and even prison. However, all executives involved in M&A—from the CEO to business unit leaders and heads of finance—should recognize that the Act places a warning label on M&A activities that reads: proceeding without an adequate understanding of Sarbanes-Oxley can lead to embarrassing and costly "surprises", reduced credibility, declining stock prices and a tarnished reputation.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 157KB | Date: Feb 2003 | Pages: 3
People who downloaded this item also downloaded
 |
The Impact of Sarbanes-Oxley on Mergers & Acquisitions |
 |
Hillenbrand Industries, Inc. - Corporate Governance Standards For Board Of Directors |
