Research question/issue This paper examines how enhanced monitoring by corporate boards following the passage of Sarbanes–Oxley Act 2002 and concurrent reforms to stock exchange rules (SOX) mitigated risk-related agency conflicts prevalent in entrenched firms. findings/insights Post-SOX, firms increased risky value-enhancing investments. These investments were financed reductions financial slac...

Kurzfassung Der betriebliche Einsatz von Systemen zum Enterprise Resource Planning (ERP) muss unter Beachtung externer Rahmenbedingungen erfolgen. Im vorliegenden Beitrag werden mit den Vorschriften zu den „Grundsätzen zum Datenzugriff und zur Prüfbarkeit digitaler Unterlagen“ (GDPdU) und dem „Sarbanes Oxley Act“ (SOX) zwei hierfür relevante Regelwerke vorgestellt und deren Auswirkungen auf die...

We describe how the compliance requirements for data retention from recent laws such as the US Sarbanes Oxley Act may be supported by a tamper-evident secure storage system based on probe storage with a patterned magnetic medium. This medium supports normal read/write operations by out-of-plane magnetisation of individual dots. We report on an experiment to show that in principle the medium als...

Abstract We document novel evidence on the spillover effect of a corporate control regulation local mortgage markets. find that banks directly targeted by Sarbanes-Oxley Act (SOX) to rectify their internal weaknesses reduce originations following regulation’s enactment. This causes credit be reallocated toward other in same markets: while competing public expand lending safer borrowers, private...

The introduction of regulations such as the Sarbanes-Oxley act requires companies to ensure that appropriate controls are implemented in their business applications. Implementing and validating compliance measures in ‘agile’ companies is time consuming, costly, errorprone and a maintenance-intensive task. This paper presents an approach towards dynamically adapting a Service Oriented Architectu...

Increased stake of boards in the leadership of the hospitals makes them play a significant role in the financial health of their institutions. Understanding of the correct approach to successfully fulfill this purpose is critical for preparing their organizations for positioning adequately in the health care market. Governmental agencies and public companies, including insurers, will be interes...