Events Detail

Hudson Institute Center for Employment Policy

cordially invites you to a luncheon seminar entitled

Has Sarbanes-Oxley Harmed Entrepreneurs?

Thursday, May 24, 2007, noon to 1:30 p.m.

Betsy and Walter Stern Conference Center
Hudson Institute
1015 15th Street, N.W., 6th Floor, Washington, D.C. 20005

Critics contend that Sarbanes-Oxley (SOX) has placed a disproportionate burden on small publicly traded firms, while supporters contend that the benefits from enhanced transparency will outweigh the costs. The Securities and Exchange Commission is currently considering whether or not to relax certain sections of SOX for small firms. In a new paper, Professor Rick Geddes of Cornell University examines the stock returns of a sample of firms around the time of SOX’s passage, and finds SOX has disproportionately harmed small firms.

Alex J. Pollock, Resident Fellow at the American Enterprise Institute, and Irwin M. Stelzer, Director of Hudson’s Center for Economic Policy Studies, will comment.

11:45 a.m.
Registration and Buffet Lunch

Noon

Presenter:
Rick Geddes, Cornell University

Discussants:
Alex J. Pollock, American Enterprise Institute
Irwin M. Stelzer, Hudson Institute

Moderator:
Diana Furchtgott-Roth, Hudson Institute

1:30 p.m.
Adjournment

To RSVP (acceptances only) or to request information, please contact Hudson Institute at 202.974.6451 or e-mail Xiuyue Zhu at Xiuyue@hudson.org.

Hudson’s Center for Employment Policy is grateful to the Ewing Marion Kauffman Foundation for the support of this program.