The Impact Of Sarbanes-Oxley Act

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Yousef Jahmani
William A. Dowling

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Abstract

The Sarbanes-Oxley Act (SOX) was signed into law in July 2002, with the express purpose of restoring public confidence in corporate financial statements. Prior to the enactment of Sox, investors suffered significant losses due to corporate failures brought on by financial malfeasance. 

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