This Article argues that the securities disclosure regime contains previously unexamined
structural deficiencies that pertain to the information provided by the largest public …

Recent legal scholarship has focused on the feasibility of performing quantified cost-benefit
analysis of financial regulations. An issue of the Yale Law Journal, published in January …

Corporate arrangements' in the United States are governed by two bodies of law with very
different natures. Most corporate arrangements are governed by state corporation laws, 2 …

We consider the extent to which a government regulator can harness information about a
proposed rule from observing the stock price movements of the affected firms—information …

The passage of the Sarbanes-Oxley Act of 2002 was a watershed moment in US fi-nancial
history, and Section 404-which requires management assessment and auditor attestation of …

INCORPORATING MARKET REACTIONS INTO AGENCY RULEMAKING Page 1
INCORPORATING MARKET REACTIONS INTO AGENCY RULEMAKING Yoon-Ho Alex Lee …

Hopwood (2007, p. 1365) once expressed “a growing sense of unease about the state and
direction of accounting research” in his plenary address delivered during the American …

One view of the Sarbanes-Oxley Act of 2002 is that it was an overreaction to a handful of
rogue actors at companies that filed for bankruptcy after the collapse of the internet bubble. If …