Center Brings Businesses
And Regulators Together
Center for Corporate Reporting and Governance
provides information and assistance for business executives.
October 27, 2005
By Pamela McLaren
A little over a month ago, Cal State
Fullerton’s Center for Corporate Reporting and Governance
held its fifth conference in three years.
And like the four previous conferences, business
executives, accountants, lawyers and others heard about the
latest information that can and will impact their businesses.
Prior to the center’s establishment in 2003, there was
no central location offering this type of information and
assistance.
The idea for the Center
for Corporate Reporting and Governance came about during
a 2002 conversation between two SEC fellows as they sat in
a Starbucks in Washington, D.C.
Enron had just collapsed and Betty Chavis,
chair and professor of accounting, and Vivek Mande, soon-to-be
professor of accounting at Cal State Fullerton, had been working
on Enron-related matters and listening to Congress debate
about how such situations could be avoided in the future.
“We felt that there was a need to have
a resource in Orange County that could help area businesses
understand the regulations that were being created,”
said Mande.
“Betty asked me about what I could do
and whether I was interested in developing such a center at
Fullerton. Although I hadn’t ever thought about creating
a center and was focused on teaching and research, the opportunity
was exciting.”
Today, Mande finds himself not only enmeshed
in the teaching and scholarly activity surrounding the campus,
but also in charge of a thriving center. Among the center’s
strengths are its two boards, with a blend of academic and
professional members, including a member of the Securities
and Exchange Commission. No other center has SEC officers
serving on their boards, Mande noted.
“It’s a collaborative venture.
Regulators learn by hearing business concerns, and the firms
hear the regulators’ views on why these rules are passed,”
Mande said. “Further, the conferences provide a tremendous
benefit to students who gain exposure to leaders in their
future fields and, of course, hear from all the players in
regulation and practice.
“I truly believe we have a unique formula
here.”
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