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One word, Sarbanes-Oxley. That's how you create parasitic jobs. It's not all bad, Manufacturing compliance for Drugs for example, make sense. Never the less,
by mc32 5y ago
One word, Sarbanes-Oxley. That's how you create parasitic jobs.
It's not all bad, Manufacturing compliance for Drugs for example, make sense.
Never the less, whether necessary (as in health) or primarily burdensome like SOX, they create tons and tons of high paying jobs. Small companies can't afford full timers so they make do with consultants who charge an arm and a leg.
SOX means well, but it's not going to stop the hanky-panky except for the inept. Is the cost of compliance worth the return on having less of incompetent fiscal malfeasance?