ABSTRACT I study whether there are peer effects in disclosure timing decisions. Using
plausibly exogenous variation in the timing of peers' earnings announcements based on a …

We find that Sarbanes–Oxley (SOX) had two significant effects on the audit market for
nonpublic entities. The first short-run effect stems from inelastic labor supply coupled with an …

Prior studies conclude that an unintended consequence of firms complying with the
Sarbanes–Oxley Act is lower levels of risk-taking activities, including investment. We first …

When larger market values of equity result in being subject to costly regulation, firms have
incentives to shift their sources of financing toward debt and away from equity. We use the …

We investigate whether firms who voluntarily drop compliance with Section 404 (b) of
Sarbanes–Oxley (SOX)—the requirement to have an outside auditor conduct an audit of …

I empirically show that the time delay firms face in raising outside capital affects cash
holdings. I exploit the 2005 Securities Offering Reform (the Reform) as a quasi-natural …

Many important provisions of US securities law—most notably, crucial elements of the
Sarbanes-Oxley (SOX) legislation enacted in 2002—apply only to firms that have a public …

This study examines the effects of a major disclosure deregulation on the informativeness of
accounting information in newly public firms. The Jumpstart Our Business Startups Act …

[Implications] Our study contributes to the literature in three ways. First, this study contributes
to public float literature by showing the significant and negative effect of public float on …

We provide empirical evidence on how delay in raising outside capital affects firms'
financing decisions. We exploit the 2005 Security Offerings Reform as a quasi-natural …