A business group including some of the country's largest companies said that corporate governance practices are improving and that the percentage of companies adopting pay-for-performance measures for senior executives continues to rise.
The Business Roundtable's fourth annual survey of corporate governance practices surveyed the association's 160 members, all chief executives of U.S. companies. The 105 executives who responded also reported that the implementation costs of Sarbanes-Oxley appear to have stabilized.
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