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"does anyone know if the reason companies have not been IPOing?" SOX: http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act http://en.wikipedia.org/wiki/Sarbanes-Oxl
by shawndrost 18y ago
"does anyone know if the reason companies have not been IPOing?"
SOX: http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act
I get special pleasure from answering big questions with short answers :)
- bokonist 18y agoI'm talking about the drought in 2008 ( as compared to 2007 )
- anamax 18y ago> I'm talking about the drought in 2008 ( as compared to 2007 ) SOX raised the cost but it takes time for folks to develop alternatives. Some companies could afford SOX in 07 or (more likely) couldn't afford to change strategy. The 08 candidates had an extra year to find an alternative to paying the SOX cost plus they were less able to afford it.