Foreigners forced to play by US rules
The legislative push against corporate malpractice in the US looks set to place a burden on foreign companies listed there and might discourage others from joining them.
|Bart van der
Burdensome to US corporations but in line with clamour that they clean up their act, the Sarbanes-Oxley legislation sends a different message to foreign companies. In short, the new law seems to imply that the US neither wants nor needs them.