In 2002, new standards of corporate governance were legislated by the US Congress and made into rules by the SEC
In 2002, new standards of corporate governance were legislated by the US Congress and made into rules by the SEC. In 2003, companies will comply with some of those rules and continue volunteering their own corporate governance and accounting reforms. In 2002, GE was one of the first companies to announce major corporate governance changes that went further than Sarbanes-Oxley in a number of ways, such as aiming for a two-thirds independent board. In 2003, more companies will come forward espousing
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