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Did Houston Clients of Arthur Andersen Recognize Publicly Available Bad News in a Timely Fashion?
16 references·2 citing·40 second hopsampled
Did Houston Clients of Arthur Andersen Recognize Publicly Available Bad News in a Timely Fashion? (2003)Did Houston Clients of Arthur Andersen Re…How Representative Are Firms That Are Cross‐Listed in the United States? An Analysis of Accounting Quality (2003)How Representative Are Firms …Conservatism in Accounting Part I: Explanations and Implications (2003)Conservatism in Accounting Pa…Shredded Reputation: The Cost of Audit Failure (2002)Shredded Reputation: The Cost…The relevance of the value-relevance literature for financial accounting standard setting (2001)The relevance of the value-re…Infrastructure Requirements for an Economically Efficient System of Public Financial Reporting and Disclosure (2001)Infrastructure Requirements f…The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting (2000)The Relevance of the Value Re…The effect of international institutional factors on properties of accounting earnings (2000)The effect of international i…The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative? (2000)The changing time-series prop…The Role of Big 6 Auditors in the Credible Reporting of Accruals (1999)The Role of Big 6 Auditors in…The Effect of International Institutional Factors on Properties of Accounting Earnings (1999)The Effect of International I…Accounting Accruals and Auditor Reporting Conservatism* (1999)Accounting Accruals and Audit…The Effect of Audit Quality on Earnings Management* (1998)The Effect of Audit Quality o…The conservatism principle and the asymmetric timeliness of earnings1 (1997)The conservatism principle an…On cross-sectional analysis in accounting research (1987)On cross-sectional analysis i…Auditor size and audit quality (1981)Auditor size and audit qualityRisk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Corporate Governance and Audit Process (2011)Corporate Governance and Audi…Audit Committee Authority and Effectiveness: The Perceptions of Malaysian Senior Managers (2006)Audit Committee Authority and…The Nature of the Firm (1937)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Pricing of Audit Services: Theory and Evidence (1980)Agency Problems and Residual Claims (1983)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Earnings Management During Import Relief Investigations (1991)Do Nonaudit Services Compromise Auditor Independence? Further Evidence (2003)Exploring the Term of the Auditor-Client Relationship and the Quality of Earnings: A Case for Mandatory Auditor Rotation? (2003)The role of information and financial reporting in corporate governance and debt contracting (2010)Detecting Earnings Management (2012)An Empirical Evaluation of Accounting Income Numbers (1968)Dividend Policy under Asymmetric Information (1985)Positive Accounting Theory (1985)Performance matched discretionary accrual measures (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Why Firms Voluntarily Disclose Bad News (1994)The Role of Accruals in Asymmetrically Timely Gain and Loss Recognition (2006)Estimation and empirical properties of a firm-year measure of accounting conservatism (2009)Accounting Conservatism and Stock Price Crash Risk: Firm‐level Evidence (2014)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Litigation Risk and the Financial Reporting Credibility of Big 4 versus Non-Big 4 Audits: Evidence from Anglo-American Countries (2004)Internal governance structures and earnings management (2005)Do Individual Auditors Affect Audit Quality? Evidence from Archival Data (2013)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Detecting Earnings Management. (1995)Audit committee, board of director characteristics, and earnings management (2002)A review of archival auditing research (2014)Earnings management to avoid earnings decreases and losses (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The financial reporting environment: Review of the recent literature (2010)Legal Determinants of External Finance (1997)Earnings management and investor protection: an international comparison (2003)On financial contracting (1979)The information content of losses (1995)
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References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1981Auditor size and audit quality5,862 cited
  • 1997The conservatism principle and the asymmetric timeliness of earnings13,988 cited
  • 1998The Effect of Audit Quality on Earnings Management*3,243 cited
  • 2000The effect of international institutional factors on properties of accounting earnings3,198 cited
  • 2003Conservatism in Accounting Part I: Explanations and Implications2,768 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 1999The Role of Big 6 Auditors in the Credible Reporting of Accruals1,410 cited
  • 2000The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative?1,374 cited
  • 1999Accounting Accruals and Auditor Reporting Conservatism*877 cited
  • 1999The Effect of International Institutional Factors on Properties of Accounting Earnings869 cited
  • 2001Infrastructure Requirements for an Economically Efficient System of Public Financial Reporting and Disclosure811 cited
  • 2003How Representative Are Firms That Are Cross‐Listed in the United States? An Analysis of Accounting Quality608 cited
  • 1987On cross-sectional analysis in accounting research541 cited

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  • 2000The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting533 cited
  • 2002Shredded Reputation: The Cost of Audit Failure514 cited
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    • 2011Corporate Governance and Audit Process26 cited
    • 2006Audit Committee Authority and Effectiveness: The Perceptions of Malaysian Senior Managers20 cited