October 30, 2014

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 ditgital 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

Colleges Are Tracking When Students Work Out at Rec Centers
Colleges Are Tracking When Students Work Out at Rec Centers

Officials on college campuses are turning to usage data and student feedback to shape fitness programs, hoping it will entice more students to develop healthy habits. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you give - or get - an annual performance review?

  • Yes - and I hate it
  • Yes - and it's OK - there's some value in the exercise
  • Yes - and I find it very valuable
  • No (thank goodness)

See Results

Ballot Box
Subscribe