One Unintended Consequence of Sarbanes-Oxley

question 100

Multiple Choice

One unintended consequence of Sarbanes-Oxley

• A)is that international companies are starting to prefer issuing Eurobonds in the private placement market in the U.S.to avoid costly information disclosure required of registered bonds.
• B)is that international companies are starting to prefer to issue Yankee bonds in the private placement market in the U.S.
• C)is that international companies are starting to prefer issuing Yankee bonds in the bearer bond market in the U.S.to avoid costly information disclosure required of registered bonds.
• D)is that international companies have left the bond market in the U.S.to avoid costly information disclosure required of registered bonds.

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Definitions:

Bureaucratic Agency

A governmental body responsible for the oversight and administration of specific functions and regulations.

Presidential Influence

The impact or power held by the President in shaping policies, public opinion, and decision-making processes within a government.

Congressional Oversight

The United States Congress's oversight and regulation of federal agencies, programs, activities, and the enforcement of policies.

Spoils System

A practice in which political parties, upon winning an election, reward supporters with government jobs or favors, often criticized for prioritizing loyalty over merit.