HOCHBERG, YAEL V.; SAPIENZA, PAOLA; VISSING-JØRGENSEN, … - In: Journal of Accounting Research 47 (2009) 2, pp. 519-583
We evaluate the impact of the Sarbanes-Oxley Act (SOX) on shareholders by studying the lobbying behavior of investors and corporate insiders in order to affect the final implemented rules under SOX. Investors lobbied overwhelmingly in favor of strict implementation of SOX, while corporate...