Corporate Governance, Sarbanes-Oxley, and Small-Cap Firm Performance PoorSatisfactoryGoodVery GoodExcellent Be the first. (0 ratings) Log in to rate this article. CFA Digest May 2008 | Vol. 38 | No. 2 | 2 pages Source: CFA InstituteLorne N. SwitzerDaniel J. Larocco, CFA (Reviewer) Read Abstract Many people have argued that the Sarbanes–Oxley Act of 2002 (SOX) places an excessive reporting burden on small companies. The author examines this hypothesis by comparing the market valuations of small-capitalization Canadian companies that are subject to SOX with those that are not. The results indicate that companies subject to SOX experience a 15.7–34 percent improvement in market value, depending on how board independence is measured. View more information Topics Corporate Finance : Corporate Governance Credits · About the CE Program 0 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits People who viewed this page also viewed: Credit Suisse Global Wealth Report The "Credit Suisse Global Wealth Report" is a comprehensive study of world wealth that analyzes the world’s entire 200 trillion ... More Credit Suisse Global Wealth Databook This Databook displays the detailed dataset backing the "Credit Suisse Global Wealth Report," the comprehensive study of world ... More Top Hedge Fund Investors: Stories, Strategies, and Advice This book chronicles top hedge fund investors that played key roles in the industry, including substantial information on manager sourcing, ... More Loading ...