This article investigates how the stock market reacts to the disclosure of internal control deficiencies under the Japanese Sarbanes-Oxley Act of 2006. Given the Japanese official agencies' attempts to minimize negative shocks, we find no stock market reactions on the whole to the disclosure of...

This study focuses on examining the impact of Internet Financial Reporting (IFR) on stock prices in Indonesia Stock Exchange. As stated by efficient market hypothesis (EMH), security prices at any time “fully reflect” all available information. If the market is true efficient, voluntarily...