Sarbanes-Oxley's Effects on Small Firms: What is the Evidence?
Abstract
This article presents an overview of the regulatory regime created by the Sarbanes-Oxley Act of 2002 (SOX) and its implications for small firms. We review the available evidence in three distinct domains: compliance costs, stock price reactions, and firms' decisions to exit regulated securities markets.Suggested Citation
Ehud Kamar, Pinar Karaca-Mandic, and Eric Talley. 2007. "Sarbanes-Oxley's Effects on Small Firms: What is the Evidence? " The Selected Works of Pinar Karaca-Mandic