Sarbanes-Oxley's Effects on Small Firms: What is the Evidence?
Tel Aviv University - Buchmann Faculty of Law; European Corporate Governance Institute (ECGI)
Eric L. Talley
University of California, Berkeley - Boalt Hall School of Law; Columbia University - School of Law
USC CLEO Research Paper No. C07-9
Harvard Law and Economics Discussion Paper No. 588
USC Law Legal Studies Paper No. 07-8
This article presents an overview of the regulatory regime created by the Sarbanes-Oxley Act of 2002 (SOX) and its implications for small firms. We review the available evidence in three distinct domains: compliance costs, stock price reactions, and firms' decisions to exit regulated securities markets.
Number of Pages in PDF File: 38
Date posted: June 20, 2007
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo1 in 0.297 seconds