We examine the relation between audit committee compensation and the demand for monitoring of the financial reporting process. We find that total compensation and cash retainers paid to audit committees are positively correlated with audit fees and the impact of the Sarbanes-Oxley Act, our...

(GWZ) examine a potential unintended consequence of the SEC's use of bright-line thresholds for compliance with reporting regulations. In particular, the authors consider whether the SEC's postponement of compliance with Section 404 of the Sarbanes-Oxley Act (SOX) for “non-accelerated...