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Integrity - use of values or principles to guide action in the situation at hand.

Below are links and discussion related to the values of freedom, hope, trust, privacy, responsibility, safety, and well-being, within business and government situations arising in the areas of security, privacy, technology, corporate governance, sustainability, and CSR.

Corporate Governance: Startups feel 'chill' of U.S. act, 12.1.04

Will big-name public companies to revert to private life?

By Scott Foster, Ottawa Business Journal Staff

Mon, Jan 12, 2004 12:00 AM EST

New corporate governance rules will drive down the number of companies that go public and even prompt big-name public companies to revert to private life, an Ottawa legal expert predicts.

The American Sarbanes-Oxley Act, or SOX, will put 'a big chill' on this year's initial public offerings, said Geoffrey Gilbert, a lawyer at Ogilvy Renault and formerly with Torys LLP in New York.

'The burdens of being a public company in 2004 are tremendous,' he said, citing the compliance requirements of the act as a huge deterrent for startups looking to go public. 'The compliance costs get larger and larger and these are costs that don't make the company any money.'


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"We shall need compromises in the days ahead, to be sure. But these will be, or should be, compromises of issues, not principles. We can compromise our political positions, but not ourselves. We can resolve the clash of interests without conceding our ideals. And even the necessity for the right kind of compromise does not eliminate the need for those idealists and reformers who keep our compromises moving ahead, who prevent all political situations from meeting the description supplied by Shaw: "smirched with compromise, rotted with opportunism, mildewed by expedience, stretched out of shape with wirepulling and putrefied with permeation.
Compromise need not mean cowardice. .."

John Fitzgerald Kennedy, "Profiles in Courage"


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