Answer:
Increased responsibility for corporate officers
Explanation:
A review of eight thousand public companies, on the study of the impact of the Sarbanes-Oxley Act (SOX) of 2002 revealed that SOX increased directors' workload and risk, and increased demand by mandating that firms have more outside directors.
It was also revealed that both broad-based changes and cross-sectional changes (by firm size) occurred because Board committees meet more often post-SOX and Director and Officer insurance premiums have doubled.
