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Publicly Traded? (Score:1)

by Mr. Muskrat (4572) <reversethis-{moc ... ta} {tarksum.rm}> on 2004.12.03 7:50 (#36510) Journal

If you work for a public traded corporation, ask how using plain text files is going to affect the corporation in light of the Sarbanes-Oxley Act of 2002.

If it's not publicly traded, there are some big selling points for privately held companies to be Sarbanes-Oxley compliant.

1) You can use it as a marketing ploy, "We are Sarbanes-Oxley compliant!".
2) "But boss, just think of the increased profit if a publicly traded company wants to acquire us!"
3) etc...

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