Accounting Question 2 (Steve Jobs)

The Sarbanes-Oxley Act of 2002 came in response to a series of corporate and accounting scandals in the 1990s. The cost to firms of complying with the act is significant. From a cost/benefit perspective, how can we evaluate whether the act has had an overall positive or negative impact? Is it possible to quantify the results?

A helpful resource you may want to read before posting is Sweeney, P. (2012).  Sarbannes-Oxley, A decade later. (cover story) . Financial Executive, 28(6), 38-41.