Public Company Accounting Oversight Board

Regulator · US · 3 documents

Key number

15-20%

Valuation premium from unsubstantiated AI claims. Baku State University Law Review p.1

Key number

0.6706

McFadden R-squared. Journal of Business Social and Technology p.7

Key number

₹5,040 crore ₹ crore

Satyam Falsified Cash and Bank Balances. International Journal of Law Management & Humanities p.7

Key number

$$9 billion billion

WorldCom False Accounting Entries. International Journal of Law Management & Humanities p.13

AI Washing as the New Corporate Misrepresentation

Research paperBaku State University Law ReviewNovember 202625 pages

A textual analysis of more than 5,000 U.S. SEC filings from 2020 to 2025 indicates that AI washing may satisfy Rule 10b-5 materiality and scienter requirements when corporate representations diverge from operational reality.

The Evolution of Corporate Governance: A Comparative Study of the Cadbury Committee Report (1992), Sarbanes-Oxley Act (2002), and the Indian Corporate Governance Framework

Research paperInternational Journal of Law Management & HumanitiesNovember 202631 pages

The Satyam scandal of 2009 in India revealed balance-sheet misstatements exceeding ₹7,000 crore, of which ₹5,040 crore represented non-existent cash and bank balances.

KAP Reputation, Audit Fee, Audit Tenure, and Audit Quality of IDX-Listed Companies

Research paperJournal of Business Social and TechnologyNovember 202613 pages

A quantitative study analyzed 119 listed firms on the Indonesia Stock Exchange (IDX) across 595 firm-year observations from 2021 to 2025.