July 19, 2005
PWC Reports Slowdown in Foreign IPO's on US Markets
Could be a sign of the times, foreign IPO's are down. But if they do not want to be transparent, do we want to risk fraud from foreign companies? Many foreign companies such as Siemens of Germany have complied with these regulations and have thrived. Our markets are still the most robust in the world and Wall Street is having a banner year. The sky is not falling.
An excerpt from a PriceWaterhouseCoopers IPO Report dated:July 19, 2005
"Activity by non-U.S. companies off 50 percent. Only four second-quarter IPOs involved non-U.S. companies this year, compared with eight last year, while the offering value of these transactions fell from $2.3 billion to $492 million. The decline in the number of non-U.S. company IPOs may possibly signal a reluctance to enter the Sarbanes-Oxley reporting environment." For the complete article, click here.
If your company is public or thinking about going public, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm) to help increase efficiency and cut cost of your Section 404 project.
An excerpt from a PriceWaterhouseCoopers IPO Report dated:July 19, 2005
"Activity by non-U.S. companies off 50 percent. Only four second-quarter IPOs involved non-U.S. companies this year, compared with eight last year, while the offering value of these transactions fell from $2.3 billion to $492 million. The decline in the number of non-U.S. company IPOs may possibly signal a reluctance to enter the Sarbanes-Oxley reporting environment." For the complete article, click here.
If your company is public or thinking about going public, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm) to help increase efficiency and cut cost of your Section 404 project.
