Defensive Management: Does the Sarbanes-Oxley Act Discourage Corporate Risk-Taking?

2008 ◽  
Author(s):  
Kate Litvak
Keyword(s):  
Risk Taking ◽  
Sarbanes Oxley ◽  
Corporate Risk

Are Corporate Risk-Taking Practices Indicative of Aggressive Reporting Practices?

2017 ◽  
Vol 40 (1) ◽  
pp. 31-55 ◽  
Author(s):  
Mary Margaret Frank ◽  
Luann J. Lynch ◽  
Sonja Olhoft Rego ◽  
Rong Zhao
Keyword(s):  
Financial Reporting ◽  
Risk Taking ◽  
Positive Association ◽  
Managerial Opportunism ◽  
Reporting Practices ◽  
Sarbanes Oxley ◽  
Organic Growth ◽  
Asset Growth ◽  
Corporate Risk

ABSTRACT We examine empirically whether the manner of risk-taking in which firms engage is associated with aggressive reporting practices. Theoretical and anecdotal evidence suggests that firms face a trade-off between risk-taking and managerial opportunism as they seek to produce higher returns. In the period before the Sarbanes-Oxley Act of 2002 (SOX), we find that firms with more risk-taking through external asset growth are more likely to engage in aggressive reporting, but the reverse is true for firms with a practice of risk-taking through organic growth. Consistent with evidence in prior research on the improved quality of financial reporting after SOX, the positive association between a practice of risk-taking through asset growth and aggressive reporting is attenuated in the post-SOX period.

Sarbanes-Oxley and Corporate Risk-Taking

2008 ◽  
Author(s):  
Leonce Bargeron ◽  
Kenneth Lehn ◽  
Chad J. Zutter
Keyword(s):  
Risk Taking ◽  
Sarbanes Oxley ◽  
Corporate Risk

Sarbanes-Oxley and corporate risk-taking

2010 ◽  
Vol 49 (1-2) ◽  
pp. 34-52 ◽  
Author(s):  
Leonce L. Bargeron ◽  
Kenneth M. Lehn ◽  
Chad J. Zutter
Keyword(s):  
Risk Taking ◽  
Sarbanes Oxley ◽  
Corporate Risk

Cultural Values and Corporate Risk-Taking

2009 ◽  
Author(s):  
Dale W. Griffin ◽  
Kai Li ◽  
Heng Yue ◽  
Longkai Zhao
Keyword(s):  
Cultural Values ◽  
Risk Taking ◽  
Corporate Risk

International Evidence About the Influence of Large Shareholders on Corporate Risk Taking

2013 ◽  
Author(s):  
Jose Maria Diez Esteban ◽  
Conrado Diego García Gómez ◽  
Félix J. López-Iturriaga
Keyword(s):  
Risk Taking ◽  
International Evidence ◽  
Large Shareholders ◽  
Corporate Risk
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