Sarbox fueling acquisitions of overseas companies?

Tomas Jandik, associate professor of finance at the University of Arkansas, has looked at Sarbanes Oxley from a foreign company perspective and found that the law may be one factor boosting acquisitions of overseas company. The logic is clear. Foreign companies that want access to the U.S. capital markets for obvious reasons have been stymied somewhat by Sarbox. But that might have led to more of them being exposed to the U.S. markets via cross-border acquisitions. The target company essentially gains the benefits that stem from being subject to U.S. regulations without having to bear the full cost. An interesting concept. This is interesting at a time when overseas assets are expensive.  

For more:
- here's the Newswise article