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Firm value, the Sarbanes-Oxley Act and cross-listing in the U.S., Germany and Hong Kong destinations

✍ Scribed by Bianconi, Marcelo; Chen, Richard; Yoshino, Joe A.


Book ID
120646366
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
413 KB
Volume
24
Category
Article
ISSN
1062-9408

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This study investigates the level of accounting conservatism of a sample of cross-listed firms, American Depository Receipts (ADRs), during the pre-and post-Sarbanes Oxley (SOX) periods. After examining two proxies for accounting conservatism, . The conservatism principle and the asymmetric timeline