: About Me

Jack Buffington is the Chairman of the "Institute for American Productivity" (www.iaprod.org), a non-profit policy institute. The Institute for American Productivity is a private non-profit organization dedicated solely to the study and promotion of productivity in the United States. The primary objective of the Institute is to educate and mobilize the American public to the dangers of not focusing on productivity in today's hyper-competitive global marketplace.

Buffington is also an executive for a Fortune 500 Corporation, an adjunct professor for the University of Denver, on various boards, a public speaker, and speaks four languages.

Buffington is the author of "An Easy Out: Corporate America's Addiction to Outsourcing", published by Praeger Publishing due in October, 2007. (http://www.praeger.com/catalog/C34502.aspx)

Business > Business Issues Have the benefits of Sarbanes-Oxley been worth the implementation costs?

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The Sarbanes Oxley Act of 2002 is a perfect example of how government shouldn't over-legislate problems, and as a result, can create even bigger problems. These two Senators were seeking to solve a problem of the most egregious fraudulent companies of the late 20th/early 21st century (Enron, Worldcom, et. al.) even though a large majority of public corporations wouldn't have taken such advantage of existing public disclosure laws. What are the results of SARBOX, five years in: 1) Extremely higher finance costs for public corporations, as a function of revenue. A 105% increase in accounting...

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