• Private Company Corporate Governance: Closing the Gap with Public Companies
  • October 24, 2005 | Author: Glynn D. Key
  • Law Firm: Wilmer Cutler Pickering Hale and Dorr LLP - Washington Office
  • In 2003, in the wake of the Sarbanes-Oxley Act, we raised the question of whether the once broad demarcation between public and private companies would be narrowing in the corporate governance arena. Looking at this issue in 2005, it is clear that market forces and recent case law have significantly impacted private companies by imposing public company -- like corporate governance standards created or enhanced by the Sarbanes-Oxley Act.