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Longstanding Mandate on Corporate Audit Committees Yields No Benefit for Investors, New Research Finds
November 01, 2017
SARASOTA, Fla., Nov. 1 -- The American Accounting Association issued the following news release:

With the perennial issue of regulatory reform gaining renewed impetus from the Trump administration, some new research suggests a potential target that bears a highly distinguished pedigree. The target: a mandate spelling out the basic composition of that warden of corporate financial probity, the board audit committee.

The regulation had its birth in a landmark 1998 speech . . .

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