The Sarbanes-Oxley Act and Its Impact On European Companies
The present thesis examines the impact of the Sarbanes-Oxley Act of 2002 (SOA) on European companies and identifies their attitude towards its provisions. To raise the information needed, from May until the end of June 2005 all affected European companies (290) received access to the online questionnaire. Overall almost twenty percent responded to the questionnaire. The following key findings have been identified:. The smaller a company is, the more problems it has to comply with the Sarbanes-Oxley Act.