Thursday, December 8, 2011

Corporate Regulations are a Failure

Washington exerts constant pressure to regulate business. The only result dampens economic activity in dire need of more productive jobs that only these targeted businesses can produce.

More legislation such as Sarbanes-Oxley and Dodd-Frank are not the answer. The latter legislation has been an expensive failure because it has not done what the politicians wanted.

There is a better way for achieving corporate transparency without oppressive regulation. Example: A better independent look by financial analysts of the balance sheets of public companies. ( See the Earl J Weinreb NewsHole® comments.)

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