Discussion of 'A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002'

12 Pages Posted: 29 Apr 2009

See all articles by George Andrew Karolyi

George Andrew Karolyi

Cornell University - SC Johnson College of Business

Abstract

President Roosevelt allegedly issued this quip after having engaged in a lengthy exchange with a visiting business delegation. While the story (true or not) may be apocryphal, it illuminates a fundamental confusion that surrounds lobbying: What is it? How does it work? When is it used? And why do we need it? Some believe that the legislative process in this and many other countries could not function without it.

Suggested Citation

Karolyi, George Andrew, Discussion of 'A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002'. Available at SSRN: https://ssrn.com/abstract=1394632 or http://dx.doi.org/10.1111/j.1475-679X.2009.00322.x

George Andrew Karolyi (Contact Author)

Cornell University - SC Johnson College of Business ( email )

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