This dissertation studies foreign firms shareholder value and earnings-related information measures in relation with the implications of the Sarbanes-Oxley Act of 2002. Chapter One addresses the value implications and empirically tests the changes in market values of foreign firms around SOX...

Incentives of executives and board of directors play an important role in corporate decisions. Principal agent theory suggests a tradeoff between risk and incentives in optimal compensation contracts for managers. The first essay of this dissertation explores the relationship between the...