...Harjeet S. Bhabra; Ashrafee T. Hossain Purpose The purpose of this paper is to examine whether or not the seminal legislation called the Sarbanes-Oxley Act (SOX) influenced a strategic shift in the merger and acquisition (M&A) market. Design/methodology/approach The sample consists...

... costs and the unintended negative consequence it engendered, the act had a beneficial impact in an important area of corporate finance. Corporate governance Event study SOX Merger and acquisition Post-acquisition performance The Sarbanes-Oxley Act (SOX) [1] was passed by the US Congress...

... hereafter, MWX) analyze 410 completed US mergers and acquisitions made by dual-class acquirers between 1995 and 2003 and find that they primarily undertake value-destroying (agency-driven) takeovers. Hossain (2014) analyzes 12,404 acquisitions between 1996 and 2009 undertaken by both dual and single-class...