Poll: about half of Japanese salarymen unaware of J-SOX
With the Japanese version of the SOX, or Sarbanes-Oxley Act, which provides a framework for corporate governance, due to be introduced on the first of April 2008, japan.internet.com, in conjuction with JR Tokai Express Research, looked at J-SOX and compliance issues surrounding the law. Their full report, which may be purchased through this link (Japanese only), goes into much more detail on the subject. This article just touches awareness issues.
Demographics
On the 10th of April 2007 330 people from JR Tokai Express Research’s monitor panel and employed in public listed companies completed a private online questionnaire. 80.0% of the sample was male, 13.3% in their twenties, 52.4% in their thirties, 27.9% in their forties, 5.2% in their fifties, and 1.2% in their sixties.
I have only heard about J-SOX compliance from work in respect to password policy for our intranet, and perhaps interestingly enough, searching my employer’s Japanese web site turns up about 26 hits for SOX (once I eliminate pages on NOx and SOx pollutants), but our US web site has just seven hits.
The Japanese term is SOX 法, SOX hou, merely SOX law in English. However, a frequently-heard complaint from the poll-takers was that SOX law or J-SOX does not really mean anything (confusion with Dice-K at the Boston Red Sox, perhaps!) so they wish there was a more Japanese name for it.
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