Search results for "Sarbanes–Oxley Act"

showing 2 items of 2 documents

Corporate governance and firm performance: A comparative analysis of auditing problems

2006

The recent financial crises have created a new debate about comparison and convergence of different systems of corporate governance. In particular, they have underlined poor efficiency of rule structures to achieve a good relationship between different stakeholder’s rights. In line with many studies of corporate governance that emphasize the manager-stakeholders relationship as explained by agency theory, in this paper, I analyse the role of auditing as an incentive device to reduce contractual or transaction costs related to asymmetric information.Considering as a benchmark the recent US Sarbanes Oxley Act of July 2002. I describe a set of auditing principles by comparing common and civil …

Corporate governancebusiness.industryCorporate governancePrincipal–agent problemStakeholderAuditingAccountingAuditFirm performanceCompany lawGeneral Business Management and AccountingDummy variableCivil law (legal system)Corporate lawSarbanes–Oxley ActBusinessMarket structureCorporate Ownership and Control
researchProduct

Determinants of Board Size, Composition and Leadership

2018

Using a 14-year panel data set on the Standard and Poor’s 1500 firms, this chapter examines the trends and determinants of corporate board structure (Board size, independence and CEO duality). Our hypotheses lead to predictions that firm complexity and advising requirements, the costs of monitoring and advising, ownership structure and CEO characteristics are important determinants of board structure. Our findings provide strong empirical evidence in support of these hypotheses. We also find some evidence that the Sarbanes–Oxley Act has had an impact on board structure and its determinants.

On boardBoard structurebusiness.industryCorporate governanceSarbanes–Oxley ActAccountingSize compositionBusinessEmpirical evidencePanel data
researchProduct