...Matthew J. Keane; Randal J. Elder; Susan M. Albring Purpose The implementation of compliance procedures associated with the Sarbanes‐Oxley Act of 2002 came at a great cost to most publicly‐traded firms, largely due to the internal control disclosures required by Section 404 of the Act. The purpose...

... in audit fees among foreign large accelerated filers is negatively associated with the strength of their home countries' legal environment. Originality/value Arguably, Section 404 is perhaps the most controversial aspect of Sarbanes‐Oxley Act due to its high audit fees. The results of this study would...

...Nicholas V. Vakkur; Zulma J. Herrera‐Vakkur Purpose This study seeks to evaluate, in a global context, the impact of Sarbanes Oxley Act on a particular risk measure of importance to investors (risk‐adjusted returns), and two measures of risk due to asymmetry (upside and downside risk). A unique...

... into strategic complements or substitutes. The authors also test for differences in earnings management using discretionary accruals and using event study methodology examine how stock returns respond to the Sarbanes‐Oxley Act. Findings The authors show that earnings management is a tool used by firms based...

... fees Sarbanes‐Oxley Corporate ownership Boards of Directors The present study examines the association between corporate governance attributes and the remediation of internal control material weaknesses (henceforth ICMW) in financial reporting for a group of firms that disclosed ICMW...