American Corporate Reform Abroad: Sarbanes-Oxley and the Foreign Private Issuer

@article{Perino2003AmericanCR,
  title={American Corporate Reform Abroad: Sarbanes-Oxley and the Foreign Private Issuer},
  author={Michael A. Perino},
  journal={European Business Organization Law Review},
  year={2003},
  volume={4},
  pages={213-244}
}
This article addresses the potential impact of the Sarbanes-Oxley Act on the willingness of foreign private issuers to cross-list in the U.S. The article suggests that although the Act appears to increase somewhat the costs of entering the U.S. markets, it may have very little impact on cross listing. In part, this is because cross-listing issuers are quite large and are thus better able to bear the costs that the Act imposes. At the same time, other costs of the Act (such as increased… CONTINUE READING