Problem:
Speaking of costly yet necessary evils -- the regulation that resulted from the Enron scandal, the Sarbanes-Oxley Act (SOX), has cost many public companies. Both the time and money necessary to just implement SOX has been a tremendous burden on many organizations. However, if implemented well, maintenance would not be nearly as costly and, I would argue, that companies could see some benefit in the strengthening of their internal controls. Do you agree? Do you think SOX has been worth the cost and effort? Or is it yet another hurdle to jump just to be able to do business?