http://truthonthemarket.com/2006/09/29/another-study-on-the-harm-of-backdating/ Academic commentary on law, business, economics and more Sat, 02 Jun 2012 12:17:14 +0000 hourly 1 http://wordpress.com/ http://truthonthemarket.com/2006/09/29/another-study-on-the-harm-of-backdating/#comment-6248 Fri, 29 Sep 2006 18:29:13 +0000 http://www.truthonthemarket.com/2006/09/29/another-study-on-the-harm-of-backdating/#comment-6248 As a comparative, if you take the estimated average 404 compliance cost for the Russell 3000 of $3 million and an average P/E of 14, you’ve taken around $125 billion off aggregate market value. I think it is a good thing that both Sen. Sarbanes and Rep. Oxley are retiring from Congress this year.

]]>