Question: For the first years after the passage of Sarbanes-Oxley, many companies chose to go public in London (the AIM = Alternative Investment Market sponsored by the London Stock Exchange). I had one client who tried to do so before the stock market collapse of 2008 and another who looked to move from NASDAQ to AIM. Both claimed that Sarbanes-Oxley was to blame.
Do you agree, or is there more to the story? Has the collapse of world financial markets over the past few years changed the pattern?