Most urban Australians, unlike their country cousins, expect the government to stand firm on water reform.
But Mr Cook told the panel that a "dramatic simplification" of US tax laws was required, and said the firm believed that reform should be "revenue neutral".
Walker and his fellow Republicans stood firm and enacted the reform law.
He said that ministers would wait until the outcome of the family justice review before making any firm decisions on divorce law reform.
The firm with the greatest need for reform at the top, however, is Shell.
Larry Summers, Barack Obama's chief economic adviser and a former treasury secretary, has said that one of the key principles of regulatory reform after the recent crisis is that no firm should be able to choose its own regulator.
ECONOMIST: A glimmer of hope for corporate-governance reform
Streamlining the process is a welcome reform, but there is no good reason why any firm should have to justify any business decision to the government.
Second, with the backing of the institutions, Mr Lerach believes he can improve the system, by forcing companies to reform themselves as part of the settlements that his law firm negotiates.
Stanford flew a handful of its professors to New York, reserved a conference room at Skadden, Arps law firm, and invited a group of journalists to hear talks on financial services reform, executive compensation, accounting and corporate finance.
"It'll certainly benefit China's reform process, " says Kevin Zhang, Beijing manager for the accounting firm Price Waterhouse.
But short of such a radical scenario, pricing reform would not kill off innovation, according to Sanford Bernstein, a financial-research firm.
As part of its mid-term strategic initiatives announced in April 2012, Sony identified resource optimization as one of the key initiatives for transforming its electronics business and Sony has since been progressively implementing various structural reform measures to optimize costs, streamline its overall organization, accelerate decision-making processes and establish firm foundations for sustainable future growth.
ENGADGET: Sony restructuring in Japan: camera lens plant to close with loss of 2,000 jobs
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