NAVIGATION

September 26, 2017

Florida CEO Trends

CEO Trends Survey Results and Reactions

The Economy in 2007, Emergent Issues, Property Values, Expanding Markets

| 12/1/2006

Kathleen Shanahan
CEO
WRS Infrastructure & Environment Inc.

Financing in 2007

I believe it will be easier for us to seek a new loan or extend a current one in the coming year. Our financial performance is very strong right now.

Separate from our specific situation, there is a great deal of capital available in the market, and lending institutions appear to be more aggressive and responsive. Overall, however, I believe there has been a drop in corporate expectations of seeking financing because SOX [the Sarbanes-Oxley Act of 2002] may be having an impact on the public markets, IPO transactions and secondary offerings.

Having been the CFO of a small cap public company, I find these regulations (especially 404) very burdensome. As a result of SOX requirements, fewer transactions are being completed, which means less activity for investment banking firms and therefore more capital becoming available.

Tags: Dining & Travel, Banking & Finance, Healthcare

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

How a video game might help us build better cities
How a video game might help us build better cities

Part game, part urban planning sketching tool, "Cities: Skylines" encourages people to use their creativity and self-expression to rethink the cities of tomorrow. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Are you still being cautious to prevent mosquito-borne diseases? (i.e. protective clothing, insect repellent)

  • Yes, very cautious
  • Sometimes, if I remember
  • No, not worried

See Results

Ballot Box
Subscribe