October 15, 2003

Executives see corporate reforms as fleeting
Posted by deisenhart@bostonworks.com">Douglas Eisenhart at 11:23 AM -

Here's a dose of reality on corporate reforms from today's Boston Globe, based on findings from a survey of Massachusetts executives conducted by the Boston public relations firm Morrissey & Co.:

Changes enacted following recent corporate scandals are unlikely to have any lasting effect on the way companies do business, a majority of Massachusetts executives said in survey to be released today.

This skepticism flies in the face of the more upbeat views of those who have put in place new laws, rules, and policies in the hope of preventing the accounting, stock manipulation, and executive pay scandals that have rocked corporate America since the collapse of Enron Corp. less than two years ago.

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