This paper examines the impact of SOX on the total cost and the component cost of going public. First, we document a statistically significant increase in non-underwriting expenses of 0.8 percentage points after the introduction of SOX, which is mostly due to an increase in accounting and legal...

This paper examines the impact of the Sarbanes-Oxley Act (SOX), a legal framework intended to increase transparency and accountability of listed companies, on the cost of going public in the US. We expect SOX to increase the direct cost of going public, but decrease the underpricing because of...

This paper examines the impact of SOX on the total cost and the component cost of going public. First, we document a statistically significant increase in non-underwriting expenses of 0.8 percentage points after the introduction of SOX, which is mostly due to an increase in accounting and legal...

This paper examines the impact of SOX on the total cost and the component cost of going public. First, we document a statistically significant increase in non-underwriting expenses of 0.8 percentage points after the introduction of SOX, which is mostly due to an increase in accounting and legal...

Die Kreditlandschaft der Schweiz befindet sich in einem strukturellen Umbruch. Die Einführung risikogerechter Kreditkonditionen, teure Kreditprozesse, sowie ein hoher Anteil von Problempositionen fordern die Banken heraus...

Die klassische Bonitätsanalyse - auch als Kreditwürdigkeitsprüfung bezeichnet - wird in der deutschsprachigen betriebswirtschaftlichen Literatur teilweise noch von zwei Seiten her betrachtet.