Myth #4: From Crisis to Regulating (or Transparenting instead?)
Friday, April 11th, 2008Recall the downfall of Enron, WorldCom, Parmalat and others, in the aftermath of the vast corporate corruption scandals a few years back. Then we witnessed a push for tightening the corporate regulatory framework in the US (through SOX). It is naïve to argue now that it makes sense to return to the pre-Enron and pre-SOX regulatory framework. Or to continue […]