December 13, 2007
Roughly 90% of Charities Have Made Policy Changes
Nearly nine out of 10 nonprofit groups have changed their governance policies in the five years since Congress passed stricter rules on corporate responsibility, according to a new survey.
While the 2002 law, known as Sarbanes-Oxley after the lawmakers who sponsored the measure, applies mostly to publicly traded companies, many nonprofit groups have adopted policies and procedures consistent with the law, even when they are not required to do so, said a report on the
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