So, What About SOX? Market Response to Government Regulation

Burrows, Cindy J.
March 2008
Inquiry (University of New Hampshire);Spring2008, p9
Academic Journal
The article discusses the Sarbanes-Oxley Act (SOX), a U.S. government regulation intended to put accuracy and transparency in corporate accounting practices. SOX was aimed at restoring global confidence in U.S. financial markets. The author adds that the passage of SOX was precipitated by the collapse of Enron Corporation on December 2, 2001. One of the major goals of SOX is to create the Public Company Accounting Oversight Board (PCAOB).


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