Follow on Google News News By Tag * Sarbanes-Oxley * Sarbox * Innovation * Ipo * Entrepreneur * Sox * Start-up * Technology * Jobs * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Sarbanes Oxley Obstructing InnovationTechnology start-ups drive innovation. According to the book, The Decline and Fall of the American Entrepreneur, a start-up needs almost a billion dollars in sales to justify going public because of Sarbanes Oxley.
By: Dale B. Halling Decline and Fall clearly shows: Sarbox fails to achieve its goals; Thriving IPOs are critical to providing capital for technology companies, even if most of those companies never go public; The SEC estimates the cost of Sarbox compliance at $91,000/yr per company, the actual cost is closer to $4.0M/yr!!! Is the medicine worse than the disease!! Percentage of World IPOs: 1996 - 60% in U.S. 2005 - 20% in U.S. Decline and Fall shows how we can turn this around- Make the US the world leader again in Innovation. Jobs. Capital. Your copy of The Decline and Fall of the American Entrepreneur: (http://www.amazon.com/ # # # Dale B. Halling is author of the book "The Decline and Fall of the American Entrepreneur: End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|