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Sarbanes Oxley in Europe: The EU Data Protection Directive vs. Sarbanes Oxley |
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Source: Whitedust.net - Posted by Benjamin D. Thomas
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The Sarbanes-Oxley Act of 2002, adopted as a reaction to corporate scandals, has a significant impact on European companies. The reason is simple: Hundreds of European-headquartered companies are dually listed on two stock exchanges, one in Europe and the other in the United States. 470 non-US companies are listed on the New York Stock Exchange, with a combined market capitalization of $3.8 trillion, 30 per cent of the total value of capitalization of companies quoted on the exchange.
Read this full article at Whitedust.net
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