TITLE

Size Does Matter: An Examination of the Economic Impact of Sarbanes-Oxley

AUTHOR(S)
Small, Ken; Ionici, Octavian; Hong Zhu
PUB. DATE
April 2007
SOURCE
Review of Business;Spring/Summer2007, Vol. 27 Issue 3, p47
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
We employ an event study analysis to examine the market reaction to congressional agreement on the passage of the Sarbanes-Oxley Act of 2002. We find that as firm size increases, the negative impact of Sarbanes-Oxley's passage decreases. The results show that the difference in abnormal returns between the smallest and largest firms is 3.91%.
ACCESSION #
26134261

 

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