Question:-

As a group, discuss whether you think real, positive changes will be made. Or, as some argue, will things just go back to the old ways of doing business?

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"How to Fix a Broken System," The Wall Street Journal, February 24, 2003, p. R1, Carol Hymowitz; "The Hot Seat: All Eyes Are on the Chairman of the Audit Committee," The Wall Street Journal, February 24, 2003, p. R4, Joann S. Lublin; "More Work, More Pay," The Wall Street Journal, February 24, 2003, pp. R4, R5, Joann Lublin. Overview In the wake of several corporate accounting scandals, changes are being proposed in corporate gover- nance and especially the role of the audit committee.