# kaal:claim:kaal-2013-acomparativeperspectiveo-025

**Claim.** The common denominator between the Sarbanes-Oxley Act, the Dodd-Frank Act, and other reform proposals is a top down regulatory approach of direct regulatory intervention with stable and supposedly optimal rules.

**Type.** definitional  **Support.** asserted

**Holds when.**

- United States corporate governance reform since 2002

**Source quote.**

> a noteworthy common denominator between SOX and Dodd-Frank and other reform proposals is the use of a top down regulatory approach, i.e. direct regulatory intervention with stable and supposedly optimal rules.

**From.** Kaal, *A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax* (2013), Dynamic Regulation, page 9

**Cite as.** Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)

**Verify.** sha256 of source PDF `ac5c955fe01209c54c78c4575c0b8bf570e5f1259c3f855510697cf51a32e59a` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20A%20Comparative%20Perspective%20on%20the%20Limitations%20of%20the%20Duty%20of%20Oversight%20%E2%80%93%20A%20Comment%20on%20Lisa%20Fairfax.pdf

**Topics.** governance-design, corporate-governance

**Keywords.** top-down-regulation, sarbanes-oxley, dodd-frank, stable-rules, corporate-governance

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.