Running a corporation in the post-Enron era

When Jim Clark, chairman of online photo sharing giant Shutterfly, resigned from his company’s board of directors in January, he became the first CEO to blame the Sarbanes-Oxley Act for his departure, saying the law had taken reform too far and had crimped his ability to lead.

Here, the Bulletin asks corporate leaders and top lawyers for some views on managing in the era of Sarbanes-Oxley, heightened regulatory scrutiny and shareholder activism.