We re-evaluate the effects of the Sarbanes Oxley Act (SOX) on the number of listed firms in the U.S. capital market, taking into account general market conditions and firm fundamentals, especially size and profitability. By analyzing a comprehensive dataset of delistings from U.S. national stock...

We investigate the changes in earnings information content and earnings attributes, for non-U.S. firms listed in U.S. equity markets, following the 2007 relaxation of the SEC requirement to reconcile IFRS earnings and stockholders' equity to U.S. GAAP in annual regulatory filings. We analyze a...

This paper examines the effects on equity Home Bias of two mechanisms adopted by Euronext when it was formed by the merger of four European countries' stock exchanges in 2002. Home Bias is the well-documented tendency of investors everywhere to over-invest in domestic securities relative to...