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dc.contributor.authorOckree, Kanalis; Martin, Jamesen_US
dc.dateAugust 2005en_US
dc.date.accessioned2014-11-14en_US
dc.date.accessioned2018-11-02T14:38:05Z
dc.date.available2014-11-14en_US
dc.date.available2018-11-02T14:38:05Z
dc.identifier.otherSchool of Business Working Paper Series; No. 51en_US
dc.identifier.urihttps://wuir.washburn.edu/handle/10425/177
dc.description.abstractWith the 2002 passage of the Sarbanes-Oxley Act (SOX), substantial new internal control disclosures are required of publicly traded companies. This paper examines the relationship between internal control and SOX and analyzes evidence supporting the efficient market hypothesis found in the timing of stock market reaction to internal control disclosures. Our conclusion is that stock price behavior for companies with material weaknesses in internal control reflects the additional risk associated with the weakness and this reflection occurs before the SOX mandated public disclosure of the weakness. Stock price characteristics examined for periods prior to and following public disclosure are changes in stock value and changes in beta coefficient.en_US
dc.format.mediumPDFen_US
dc.language.isoEngen_US
dc.publisherWashburn University, School of Businessen_US
dc.subjectSarbanes-Oxley Acten_US
dc.subjectInternal Controlen_US
dc.subjectStock Pricesen_US
dc.subjectBeta Coefficienten_US
dc.subjectStock Price Forecastingen_US
dc.subjectFinancial Statementsen_US
dc.subjectSOXen_US
dc.titleSection 404 of Sarbanes-Oxley Act: Did the Stock Market Anticipate It?en_US
dc.typeWorking paperen_US
washburn.identifier.cdm113en_US
washburn.identifier.oclc63544027en_US
washburn.source.locationen_US


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