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Ethics
by leon on December 13, 2006
Sarbanes-Oxley is probably the most high-profile example of that, but it happens in other countries too. And as the SOX experience has shown, it just doesn't work. Despite all the investor protections, the public doesn't trust business, and bad things still happen.
Legislating for trust is no good. Indeed, it can even make things worse and I examine this problem in my piece here.
Permalink: Laws undermine trust
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Vote for Laws undermine trust:
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Rating: 9.25 out of 4 vote(s) cast.
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When things go wrong, the usual response from politicians is to bring in laws to restore public trust. But it never works. In fact, tough laws only make things worse.
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news.fatpitchfinancials.com
When things go wrong, the usual response from politicians is to bring in laws to restore public trust. But it never works. In fact, tough laws only make things worse.
Response from:
When things go wrong, the usual response from politicians is to bring in laws to restore public trust. But it never works. In fact, tough laws only make things worse.
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IndianPad
Sox First: Laws undermine trust posted at IndianPad.com
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The Boring Made Dull
Included in the December 17th issue of Economics and Social Policy.
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