An assessment of the costs and benefits associated with the implementation of Sarbanes-Oxley section 404 in the South African context

Abstract

This research report examines the cost and benefits of the Sarbanes-Oxley Act of 2002 (SOX) on South African companies who have had to comply due to them or their holding companies being listed on the New York Stock Exchange (NYSE) as well as voluntary adaptors of the code. This report further seeks to identify best practices implemented by these companies.