| Sarbanes-Oxley: A Review |
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| With a Keynote Address by Dell CEO Kevin Rollins |
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| Start: |
Wednesday, May 5, 2004
9:00 AM
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| End: |
Wednesday, May 5, 2004
3:15 PM
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| Location: |
Wohlstetter Conference Center, Twelfth Floor, AEI 1150 Seventeenth Street, N.W., Washington, D.C. 20036 Directions to AEI |
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It has been almost two years since the Sarbanes-Oxley Act was passed by Congress and signed into law. Adopted in the wake of Enron and other corporate scandals, the act and subsequent regulations by the New York Stock Exchange and Nasdaq mandated the dominance of corporate boards and audit committees by independent directors. It also established the first regulatory agency exclusively for auditors of public companies. The act has remained controversial, with many arguing that the act was unnecessary to address the ills reflected in Enron and other corporate accounting scandals, reduced the willingness of corporate management to take risks, and imposed significant costs on public companies and, hence, on investors. This conference will review these and other issues. |
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8:45 a.m. |
Registration |
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9:00 |
Introduction: |
Peter J. Wallison, AEI |
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9:15 |
Panel I: Sarbanes-Oxley as Public Policy |
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1. Sarbanes-Oxley and Public Opinion after Enron and Worldcom |
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Presenter: |
Karlyn H. Bowman, AEI |
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2. Do Independent Directors Improve Corporate Performance? |
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Presenter: |
Sanjai Bhagat, University of Colorado |
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Discussants: |
Ed Knight, Nasdaq |
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Nell Minow, Corporate Library |
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Jeff Sonnenfeld, Yale School of Management |
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Moderator: |
Peter J. Wallison, AEI |
| 11:00 |
Panel II: Roundtable on Corporate Management after Sarbanes-Oxley |
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Discussants: |
Greg Bentley, Bentley Systems, Inc. |
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Julie Daum, Spencer Stuart |
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Roderick M. Hills, Hills & Co. |
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Stuart McFarland, Federal City Capital Advisers |
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Bill Walton, Allied Capital Corporation |
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Moderator: |
James K. Glassman |
| 12:15 p.m. |
Luncheon |
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Introduction: |
Christopher DeMuth, AEI |
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Speaker: |
Kevin B. Rollins, Dell Inc. |
| 1:45 |
Panel III: Do the Costs of the Act Outweigh the Benefits? |
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Presenter: |
Tom Hartman, Foley & Lardner |
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Discussants: |
George J. Benston, Emory University |
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Cono Fusco, Grant Thornton LLP |
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Grace Hinchman, Financial Executives International |
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Moderator: |
Peter J. Wallison |
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3:15 |
Adjournment | |
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| Available in Adobe Acrobat PDF format. |
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More Information
Jessica Browning American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-5853 Fax: 202-862-7171 E-mail: JBrowning@aei.org
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Media Inquiries
Veronique Rodman American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-4870 E-mail: VRodman@aei.org
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| AEI Print Index No. 16730 |
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