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The Economist magazine examines US boardroom mentality

The Economist magazine has looked at how US executives are reacting in different ways to the prospect of corporate reform.

Category: The Economist magazine subscription

US executives worry about the prospect of increased regulation for a number of different reasons, the Economist magazine has claimed.

In an article entitled Corporate Reform in America: A Chill in the Boardroom, the publication explores the fears of bosses across the country and what concerns them most about introducing new regulations.

Labour secretary Hilda Solis recently suggested that US companies feel "stifled, delayed and ... that government is being intrusive" when reform is conducted.

However, the article suggests that rather than fearing regulatory change as a whole, some executives are concerned about certain areas of reform.

"Some fret over tax policy. Others agonise over cap-and-trade or health-care reform. Many worry about additional corporate-governance regulations," Joe Grundfest told the magazine - a former member of the Securities and Exchange Commission.

The Economist magazine subscription holders reading the latest edition will notice a feature on how vehicle manufacturer Toyota could do well to look at other corporate turnarounds to solve its own problems.

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