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Fees for directors climb in Sarbox era
Really, who would want to serve on a corporate board these days? It's getting harder to recruit and retain top people, especially on the audit committee, something we've discussed before. Truth be told, Sarbox has been something of a downer for all directors. The potential liability is much greater, for reputation if nothing else. I would not be surprised if D&O rates have crept higher. So boards should probably be prepared to offer more compensation.
> Here's an E-Commerce Times article.
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