Vakkur, Nicholas V.; Herrera, Zulma J. - In: Journal of Financial Regulation and Compliance 19 (2011) 3, pp. 254-270
main practical implication is that Sarbanes Oxley, the most important and comprehensive US financial regulation since the … regulation was never intended to alter firm risk, yet this study strongly suggests that it has in two specific ways. Social … implications – As a result of this study, the cost to investors – the “social” cost – of this important regulation can now be …