http://blog.jparkhill.com/2007/01/01/londons-aim-is-not-the-answer-to-sarbanes-oxley/ Business and Legal Notes, mostly Wed, 31 Mar 2010 15:12:39 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://blog.jparkhill.com/2007/01/01/londons-aim-is-not-the-answer-to-sarbanes-oxley/comment-page-1/#comment-1265 Anders Chydenius Wed, 16 May 2007 20:57:20 +0000 http://blog.jparkhill.com/2007/01/01/londons-aim-is-not-the-answer-to-sarbanes-oxley/#comment-1265 While the point that you make is valid, it misses The Point. Granted, firms that choose be operate in a manner that is out of compliance with SOX bear the costs that you describe. However, the main motive for AIM listing is to avoid potential criminal prosecution. One can list on AIM, be almost in compliance, and sleep at night. And, THAT is the attraction of AIM. While the point that you make is valid, it misses The Point. Granted, firms that choose be operate in a manner that is out of compliance with SOX bear the costs that you describe. However, the main motive for AIM listing is to avoid potential criminal prosecution. One can list on AIM, be almost in compliance, and sleep at night. And, THAT is the attraction of AIM.

]]> http://blog.jparkhill.com/2007/01/01/londons-aim-is-not-the-answer-to-sarbanes-oxley/comment-page-1/#comment-8 Startup Toolbox Fri, 05 Jan 2007 21:22:35 +0000 http://blog.jparkhill.com/2007/01/01/londons-aim-is-not-the-answer-to-sarbanes-oxley/#comment-8 [...] I recently found a couple of articles talking about the AIM and its place in the scheme of things for cash-hungry businesses.  My earlier point about the AIM was that it is not a very good “out” for companies hoping to escape the US environment.  Most companies merge eventually, and if a suitor is subject to Sarbanes-Oxley and the rest of the SEC’s requirements, the prospective selling company had better comply as well or risk a drop in its purchase valuation. [...] [...] I recently found a couple of articles talking about the AIM and its place in the scheme of things for cash-hungry businesses.  My earlier point about the AIM was that it is not a very good “out” for companies hoping to escape the US environment.  Most companies merge eventually, and if a suitor is subject to Sarbanes-Oxley and the rest of the SEC’s requirements, the prospective selling company had better comply as well or risk a drop in its purchase valuation. [...]

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