[LINK] Govt urged to release smart card report

[Marghanita da Cruz]

Kim Holburn wrote:
<snip>
>> "The risks from public servants mishandling information, from  
>> identity thieves are real risks," he said.
<snip>

Went to a talk  at CAPPE by
Justin O’Brien a recently appointed Professor of Corporate Governance,
http://www.cappe.edu.au/people/obriju/obriju.htm

one of the things he mentioned ...during the presentation of his work in
progress is the mobility of personnel between the public and private
sector....

of particular relevance, when, as I understand it from his talk,
under Sarbanes Oxley, the justice department can come in and demand 
access all
an organisations records...

I think, the issue is whether there is accountability within the 
organisation through the leaders or the justice department is going to 
manage accountability

> ‘Managing Conflict or Pre-ordaining Failure: The Sisyphean Tragedy (or Absurdity) of Corporate and Capital Market Governance Reform’
> 
> ABSTRACT
> 
> The debate over how to control the corporate form remains as vital as when the systemic problem associated with the separation of ownership from control was first articulated seventy-five years ago. Resolution and, therefore, progress is difficult, if not impossible, within the self-referential and closed terms adopted in much of the corporate governance literature and public policy debate. Scandal leads to reform; gradual dissipation of public unease weakens the traction necessary to retain regulatory authority; exercise of excessive discretion helps to transform the ideational discourse; how to resolve the underlying problem is displaced by (real) concern about regulatory overreach; judicial criticism provides validation (of abuse); and (in the US at least), depending on the stage of the electoral cycle, campaign-funding imperatives begin to dominate. The controversy over the creation of the New Deal securities architecture (for which Berle and Means provided crucial ideo

logical support) was a paradigmatic example of this process in action. 
On the evidence to date, Sarbanes-Oxley and its global analogues could 
well face a similar fate. The concept of fate raises interesting 
questions for corporate governance practice and, more seriously, its 
theoretical underpinnings. Notwithstanding enormous advances in the 
institutional design of compliance programs, scandal demonstrates the 
susceptibility of internal
.......

Marghanita
-- 
Marghanita da Cruz
Phone: 0414-869202
http://www.ramin.com.au/itgovernance
http://www.ramin.com.au/linux
http://www.ramin.com.au/eco-sydney