Akhigbe, Aigbe; Martin, Anna D.; Nishikawa, Takeshi - In: Journal of Multinational Financial Management 19 (2009) 3, pp. 193-205
This study investigates the changes in the riskiness of foreign firms listed in the U.S. following the passage of the Sarbanes-Oxley Act (SOX), legislation aimed at calming investor fears. While capital market measures of risk increase on average over a shorter-term period, total and...