Some of the benefits of complying with SOX by PacSun are firstly, PacSun receives a good assessment and financial statement from the external auditors, which is very good for the image of the company whenever is made public. Secondly, they were able to plug in some gaps in their payroll and information systems area after undergoing an elaborate documentation process. Also, there were changes involved in better segregation of duties and improvement of controlling business risk.
l do not think the costs outweighs the benefit though the compliance might look very costly now, but when one look out the long term effect the compliance will eventually have on the stock price when the information on the good assessment and financial
l do not think the costs outweighs the benefit though the compliance might look very costly now, but when one look out the long term effect the compliance will eventually have on the stock price when the information on the good assessment and financial