 Re: Allow The Public To Directly Contact Board Members? Not At Enterprise!
Sarbanes-Oxley or (SOX as the lingo goes) only applies to publicly traded companies- if anything, it's a deterrent to privately held companies to go public because it's just one more set of compliances they have to follow.
I think SOX was the nail in the coffin for ERAC ever thinking of going public. They are pretty happy where they are, and why worry about a pesky little thing like governmental compliance when they can make a pile of cash otherwise?
As I've said in previous posts, ERAC is very insular, very intentionally. They don't answer to anyone but themselves...and the answer is always found on the bottom line. |