Brown, Pennye K.; Nyonna, Dong Y. - In: International Journal of Financial Research 6 (2015) 2, pp. 139-149
This paper examines whether voluntary delisting from U. S. exchanges by international firms surged during the five … years following the passage of Sarbanes-Oxley ACT of 2002 (SOX). Using 278 international firms, which include 139 delisted … international firms from NYSE and NASDAQ and a matched pair of 139 non-delisted international firms, we document that the number of …