Now I have personally been involved in a few Sarbanes Oxley projects and Codematic tools have been used on plenty more. And I know its sustaining a mini industry in compliance and control tools and projects.
(not sustaining enough for Compassoft though – too much posh wine?)
( ‘the leading provider of governance, risk and compliance solutions’ – now bankrupt. I assume they were in full compliance themselves?? And left no unsecured creditors out of pocket?)
So in terms of employment, Sarbox has helped a few in the control and compliance world.
The author’s agument in that piece though is that it stifled innovation in silicon valley, but added very little real transparency. Bearing in mind the Madoff ‘investment’ fiasco, I think its hard to disagree.
what do you think?