AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-24111742_ITM" title="Facts and information about A bad solution. (Business And Economics).">A bad solution. (Business And Economics).</a>
Close
Set up an RSS feed that alerts you when new articles from The American Enterprise are available.
Frequently asked questions about RSS feeds
A bad solution. (Business And Economics).
Richard Epstein, "How Not to Prevent Another Enron," in Hoover Digest, Spring 2003 (hooverdigest.org)
The high-profile troubles of Enron, Tyco, and MCI (Worldcom) have led many Americans to believe that corporate governance has simply gone awry. This fostered a perception that government must overhaul it. Hoover Institution senior fellow Richard Epstein believes that Congress' response--the Sarbanes-Oxley Act--will have far-reaching and ultimately negative effects on the stock market and business management.
The act will lead to sweeping changes in the way corporations operate. Most notably, it requires auditing committees to operate largely independently of corporate boards of directors and to appoint more independent directors. But while independent directors prevent ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Corporate & securities law: independent directors under new federal law and...
- Magazine article from: Long Island Business News Sieger, Stuart M. Menikheim, Denise September 13, 2002 700+ words
...into law the "Sarbanes-Oxley Act of 2002." Sarbanes...the sole compensation independent directors receive. Proposed NASDAQ...committee to determine independent directors. This is more appropriate...directors should exclude non-independent directors. The board of ...
- SEC Proposes Rules Implementing Section 301 of the Sarbanes-Oxley Act of 2002:...
- News wire article from: Mondaq Business Briefing January 14, 2003 700+ words
...the "Sarbanes-Oxley Act" or the "Act...requirement of the Sarbanes-Oxley Act that the SEC direct...301 of the Sarbanes-Oxley Act, listed companies...consisting entirely of independent directors. The Act provides...
- Houston-Based Bencor Inc. Announces Complete Audit Committee Solution Under the...
- Press release article from: Business Wire November 12, 2002 700+ words
...the Sarbanes-Oxley Act to serve on...The Sarbanes-Oxley Act requires that...committee be independent directors," says Trish...The Sarbanes-Oxley Act requires every...entirely of `independent' directors. The Act defines...
- Legal unease. (News Watch).(Sarbanes-Oxley Act impact on attorney-client...
- Magazine article from: CFO, The Magazine for Senior Financial Executives McCafferty, Joseph October 1, 2002 700+ words
The Sarbanes-Oxley Act of 2002 requires corporate lawyers to report evidence of misconduct to the CEO or independent directors. The new law also gives the Securities and Exchange Commission the obligation to set guidelines for company attorneys...
- Legislation, regulation, and the role of the AMC: as illustrated with the...
- Magazine article from: Association Management Soutar, Sammi July 1, 2003 700+ words
...community. The Sarbanes-Oxley Act, as the corporate...background on the Sarbanes-Oxley Act: Effective July 30...including involvement of independent directors, committee protections...regarding the Sarbanes-Oxley Act, read "What Corporate...
- Small banks say Sarbanes-Oxley a burden.(Sarbanes-Oxley Act of 2002 )
- Magazine article from: Fairfield County Business Journal Toth, David April 18, 2005 700+ words
...mandated by the Sarbanes-Oxley Act of 2002 is too costly...scandals, the Sarbanes-Oxley Act and more specifically...reporting as the Sarbanes-Oxley Act for banks with total...to be comprised of independent directors. Directors who sit...
- Ten new commandments for corporate governance: get ready for a different world...
- Magazine article from: ABA Banking Journal Gerrish, Jeffrey C. November 1, 2002 700+ words
...resulting Sarbanes-Oxley Act. "Corporate governance...signed the Sarbanes-Oxley Act. This act specifically...emphasis on outside, independent directors. Every community...be truly outside, independent directors. These directors...
- Truth Or Consequences: The Sarbanes-Oxley Act Of 2002.(overview of the new law...
- News wire article from: Mondaq Business Briefing November 5, 2002 700+ words
...resulting in the Sarbanes-Oxley Act of 2002, signed into...mutual fund) regulation: independent directors. The SEC has been given...adverse developments: Independent Directors and Audit Committee...directors must include independent directors; the board is required...
- Open the boardroom window. (Editor's Note).(Sarbanes-Oxley Act of 2002...
- Magazine article from: Electronic Business Harbert, Tam January 1, 2003 700+ words
...case with the Sarbanes-Oxley Act of 2002? Companies are...the requirement for more independent directors on company boards. Because...suddenly a huge demand for independent directors. And there isn't much...Oxley requirement for more independent directors is aimed at ...
- Corporate boards get makeovers in post-SOX era.(Sarbanes-Oxley Act )
- Magazine article from: Nation's Restaurant News Lockyer, Sarah E. July 17, 2006 700+ words
...the passage of the Sarbanes-Oxley Act in 2002, the role of director...rules governed by the Sarbanes-Oxley Act, a testament to its effectiveness...well-known industry names and independent directors that would help the chain reach...
Source: HighBeam Research, A bad solution. (Business And Economics).