Understanding Sarbanes-Oxley, What Is Different After July

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During his tenure at BMS he held a number of Human Resource leadership positions including Vice President Human Resources for the US Pharmaceutical business, Senior Vice President Human Resources for the Worldwide Medicines business, and Head of Human Resources for BMS’ Worldwide Businesses with more than 40,000 global employees. Some of them are that: x local people are likely to identify and prioritise their environmental problems more accurately than centralised organisations; x resource allocation is more efficient and transaction costs lower when decisions are taken locally, so that state expenditure on management can be reduced, while resource conservation is improved; x local groups are more likely to respect decisions that they have participated in taking; 155 x monitoring of resource use is improved, and x marginalised groups gain greater influence on local policy (Danida Technical Note, 2007:3) However, as the Danida Technical Note (2007) observes, the three objectives of poverty reduction, natural resource conservation and good governance are not always mutually supportive, and CBNRM is not always a realistic option.

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