The purpose of the proposal is to avoid conflicts of interest that arise when a parent company, subsidiary or affiliate company oversees the work of its business partners, the committee said.

委员会称，该议案的目的是为了防止母公司、子公司或合作公司检查其业务合作伙伴工作时所产生的利益冲突。

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And, more importantly, it is as if the fate of start-up companies was determined by small secret committees of experts: unless such a committee concludes that the company will work, it cannot launch.

更荒谬的是，这就好像刚刚启动的创业公司的命运是由专家组成的小小秘密委员会掌控，除非这个委员会说这个公司行得通，否则这公司连创业也不行！

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The management and standards committee of News Corporation, the parent company of News International, confirmed it had "terminated the contract of a member of staff in relation to his previous work".

作为新闻国际的母公司——新闻集团的管理和规定委员会确认了新闻集团已经终止了与Matt的员工合同。

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They must now personally sign off on financial reports, comply with Sarbanes-Oxley's requirements for internal monitoring, work with the board's audit committee and the company's internal auditors.

ECONOMIST: Greater responsibility, greater power | The

In future, any non-audit work at all must be approved first by the company's audit committee.

ECONOMIST: A tough corporate-reform bill sails through

"Old-fashioned LBO deals, in which firms put a lot of leverage on a company, won't work today, " says David Mussafer, co-chairman of Advent's executive committee, who says 30% to 40% of his firm's recent buyouts were done without any borrowed money, nearly double the levels of a few years ago.

WSJ: Private-Equity Firms Forced to Evolve