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Journal of Business Ethics

Erschienen in:

19.07.2016

Sarbanes–Oxley Section 406 Code of Ethics for Senior Financial Officers and Firm Behavior

verfasst von: Saurabh Ahluwalia, O. C. Ferrell, Linda Ferrell, Terri L. Rittenburg

Erschienen in: Journal of Business Ethics | Ausgabe 3/2018

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Abstract

Sarbanes–Oxley Section 406 requires a code of ethics for top financial and accounting officers in public companies. The objective of this research is to discover the impact of a financial code of ethics on firm behavior. We performed a longitudinal tracking of firm adoption of a financial code of ethics starting in 2005. We checked these companies’ codes again in 2011 to confirm their continued implementation. Financial restatements were used as a dependent variable to measure improved financial reporting after the adoption of the financial codes. The results confirm that the adoption of a financial code of ethics improves the integrity of financial reporting.

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Titel: Sarbanes–Oxley Section 406 Code of Ethics for Senior Financial Officers and Firm Behavior
verfasst von: Saurabh Ahluwalia
O. C. Ferrell
Linda Ferrell
Terri L. Rittenburg
Publikationsdatum: 19.07.2016
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe 3/2018
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-016-3267-7

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