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Article: Op-Ed: Executives learning to live with governance reform.
- Article from:
- PR Week (US)
- Article date:
- November 29, 2004
CopyrightCOPYRIGHT 2004 Haymarket Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There has been a lot of talk about the huge cost of governance reform, both in time and money, and how it actually could drive some very substantially sized public companies into going private just to avoid a costly and time-consuming paper chase.
Some skeptics have questioned whether all this additional accountability and financial reporting really leads to increased shareholder value.
Because we are still in the early days, the jury is still out on that score.
But grousing about governance reform is a bit like grousing about the weather: It's good for small talk around the water cooler, but it's really not going to lead anywhere. Governance ...