Sarbanes-Oxley has been slated by business, lawyers and accountants. Not without some justification. But what about the people the law was supposedly brought in to protect? According to two surveys, most investors says it’s boosted their confidence. More importantly, they don’t want it eased back.
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The fallout from the US mortgage mess continues to hurt the US market and beyond. Clearly, issues once specific to the US are now flowing through to other markets as banks force borrowers to sell assets and investors scramble away from risk. And it will get worse.
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French executives are the fattest cats in Europe. A poll in Fortune found that French executives took 10 of the 20 top spots, including first and second place.
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With Rupert Murdoch’s bid for Dow Jones on a knife-edge , the pros and cons of the prospective takeover need to be examined. And the negatives are worrying. This takeover is certainly in Murdoch’s interests but it’s not in the public’s because it will mean the loss of another voice.
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Is the US market about to bust? Investors think US housing is going to get worse but the experts say there’s no need to panic because the fundamentals are good. It’s just an ordinary down day, they say.
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KPMG has been hauled over the coals by the Public Company Accounting Oversight Board for some pretty basic deficiencies. Read through the PCAOB report , and you realize we are talking Accounting 101.
Sphere: Related ContentMost codes of ethics aren’t worth the paper they’re written on. Here are the steps companies need to take to make them work.
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