This article discusses the main contributions and findings of Hochberg, Sapienza and Vissing-Jorgensen's 'A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002.' I offer a synopsis of the Journal of Accounting Research conference discussion of the paper as well as provide some broader...

We examine the real effects of parent firm diversification on their electric utility operating companies over the period, 1990-2003. Since electric utility operating companies produce a single homogenous product, we can better measure their Total Factor Productivity and make valid comparisons of...