Companies based outside the United States that are thinking about entering the U.S. market will need to comply with this country’s laws. Publicly owned foreign companies that seek to be traded on U.S. stock exchanges need to be particularly concerned with laws concerning corporate governance. Managers of such companies should consider the effect that which of the following will have on their operations?
a. Sarbanes-Oxley Act of 2002 (SOX)
b. The ISO 9000 family of standards