Journal of Accounting and Economics Vol. 58 No. 1 2014
The Sarbanes–Oxley act and cross-listed foreign private issuers
Abstract
I examine the short- and long-term impact of the 2002 Sarbanes–Oxley Act (SOX) on cross-listed foreign private issuers. Both short- and long-term test results suggest that the costs of SOX compliance significantly exceed its benefits and reduce the net benefits of cross-listings.
- DOI
- 10.1016/j.jacceco.2014.05.001
- Volume
- 58
- Issue
- 1
- Pages
- 21-40
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref