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They did that with company financials with Sarbane Oxley. It increased compliance costs for all companies because of a rogue few. Let the courts and legal syst
by nikcub 15y ago
They did that with company financials with Sarbane Oxley. It increased compliance costs for all companies because of a rogue few.
Let the courts and legal system handle this. Probably too soon to ask for more regulation.
- rbarooah 15y agoI don't see how your comment or Sarbanes Oxley is relevant to what I said. I didn't suggest more regulation or anything to 'comply' with. I was suggesting an alternative theory of corporate responsibility, and a remedy that the courts could apply in the case of detected wrongdoing, not for all companies. Am I missing something?