The Magazine of Corporate Responsibility

Tag Archive for ‘Public Company Accounting Oversight Board’

Supreme Court Ruling Leaves Sarbanes-Oxley “Fully Operative”

The Court ruled that an accounting board created by the Sarbanes-Oxley Act was unconstitutional but said the board could continue to function as the result of changes stemming from the court’s decision. The justices also ruled that the broader Sarbanes-Oxley Act “remains fully operative as a law.”

Proxy Advisors Find Themselves in the Spotlight

Proxy advisory services play a key role because institutional holders turn to them for advice when voting billions of shares at annual meetings. Questions are now being raised about the influence of the services and whether more formal oversight is needed. As a result, proxy advisory services may be about to start receiving their own report cards for a change.