Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
Colorado Musings: You don’t get strong boards through strong regulation

Colorado Musings: You don’t get strong boards through strong regulation

by Rick Turoczy on August 25, 2005

I continue to be bewildered by the argument from academia and by many in government that simply increasing the regulations surrounding corporate governance, and in particular board structure/composition, will result in a more accountable enterprise and improved corporate responsibility.

I have yet to see any definitive evidence that there is a positive correlation between stringent governance regulations, such as the Sarbanes-Oxley Act, and better governance. Nonetheless, that doesn’t seem to stop a number of regulation-lovers from seeking to impose more and more rules on the private sector.

Colorado Musings: You don’t get strong boards through strong regulation

Leave a Comment

Previous post:

Next post: