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Essay text:
According to Serge Ejzenberg, who wrote The Sarbanes-Oxley Act : The Real Costs and Value, “Around 305 European companies with equity or debt traded in the US are affected by SOX. The annual cost to European business is estimated to be in the region of $ 850 m.” These figures indicate that The Sarbanes-Oxley 302-Corporate that many European-based businesses are losing money in investments in American businesses. Another aspect of Sarbanes-Oxley 302-Corporate that is hurting European-based businesses is that many European businesses multiply the losses by “unwilling to turn their back on the world’s largest pool of market capital...
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