What impact do you think that SOX have on foreign corporations entering into U.S. markets?© BrainMass Inc. brainmass.com June 3, 2020, 8:45 pm ad1c9bdddf
Under the Sarbanes-Oxley Act of 2002, foreign companies whose shares are traded on U.S. stock exchanges must comply with new obligations on financial reporting, audit and corporate governance. Foreign services providers such as Accenture Ltd., of Bermuda, that were organized outside the United States prior to relevant "cutoff" dates are likely not to suffer the consequences of U.S. governmental retaliation for foreign "inversion" operations. Unless their securities are listed on a ...
This solution discusses the impact that SOX have on foreign corporations entering into U.S. markets.