New York (July 30, 2003) -- A year after its passage into law, senior executives like Sarbanes-Oxley even less, according to a survey by PricewaterhouseCoopers.
The percentage of senior executives with a favorable opinion of SOX dropped to just 30 percent in June, down from 42 percent in October 2002, according to the latest PwC Management Barometer report. According to the report, 91 percent of executives now say their company has made changes in control and compliance practices as a result of Sarbanes-Oxley, up from 85 percent in October. But only 68 percent are confident that their entire company is in compliance with Sarbanes-Oxley, down from 82 percent.
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