It’s directors’ job to care deeply about governance, rather than to dismiss serious concerns from legislators, regulators, and shareholders as “bizarre governance things”. And for all that companies love to bellyache about the costs of Sarbox compliance, the fact is that if you’re looking to governance issues as a reason why it sucks to be public, you’re looking in entirely the wrong place.
Study Provides Policy Makers With Tools to Encourage Small Business Growth In California
The Governor’s Office of the Small Business Advocate today released a study of the aggregate cost of state regulation to small businesses in California. The study was commissioned by Governor Arnold Schwarzenegger in 2006 when he signed Assembly Bill 2330 by Assemblyman Juan Arambula (I-Fresno) and was completed by Sanjay Varshney Ph.D., the Dean of Business Administration at California State University, Sacramento, and Dennis Tootelian Ph.D., Director of the Center for Small Business at the same school.
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Dispatches From The Front 