The John M. Olin Center
Paper Abstract
588. Ehud Kamar, Pinar Karaca-Mandic, & Eric Talley, Sarbanes-Oxley's Effects on Small Firms: What is the Evidence, 06/2007.
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.