Home » OPINION » Columns » MBJ Editorial
Meaningful reform

MBJ Editorial

The race is on in Washington to reform corporate America.

Headlines, special reports and endless analysis on cable news channels have led many people to conclude that business is, in fact, evil, and fueled wholly by greed, which is unfortunate and certainly not the full story. Nonetheless, politicians are paying attention to this growing anti-business sentiment, and being politicians, looking for ways to capitalize.

Two words come to mind: Look out.

While changes in how public companies report financial information, how that information is audited and presented to government regulators and shareholders, and how executives and board members are held accountable, are needed, the past few weeks’ frenzy in Washington is likely to result in repeal and changes down the road.

The problems coming to light now developed over time. Rushing to pass new laws will not resolve the greater issues.

Short term, restoring investment confidence is vital, but it won’t happen in Washington. Business created this mess; business — all of us in it — needs to fix it.

The greed of a few should not taint — or destroy — the hard work and good intentions of many.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Staff Writer

Leave a Reply

Your email address will not be published. Required fields are marked *

*