A consequence of the Sarbanes-Oxley Act has been a decreased reporting burden on small public companies and a decrease in the number of companies reverting to private ownership.

Question

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The Sarbanes-Oxley Act increased reporting requirements for public companies, including smaller ones. This has actually led to some smaller companies choosing to go private to avoid the burden of compliance.

A Consequence of the Sarbanes-Oxley Act Has Been a Decreased