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Why Sarbanes-Oxley Hasn't Led To a Rise in Minority Directors

"Veteran director Dennis Hightower had high hopes for the Sarbanes-Oxley Act. That law and other corporate-governance revisions of recent years put boards under pressure to revamp their recruiting processes and look outside traditional networks for new, independent members. And that, Mr. Hightower figured, could mean more board seats for African-Americans like himself..."
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Source: CareerJournal

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