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Does the market dole out collective punishment? An empirical analysis of industry, geography, and Arthur Andersen’s reputation
16 references·10 citing·49 second hop
Does the market dole out collective punishment? An empirical analysis of industry, geography, and Arthur Andersen’s reputation (2009)Does the market dole out collective punis…Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Econometrics of Event Studies…Liquidity: Urban versus rural firms (2005)Liquidity: Urban versus rural…The Econometrics of Event Studies (2004)The Econometrics of Event Stu…The Effects of Firm-Wide and Office-Level Industry Expertise on Audit Pricing (2003)The Effects of Firm-Wide and …Shredded Reputation: The Cost of Audit Failure (2002)Shredded Reputation: The Cost…The Geography of Investment: Informed Trading and Asset Prices (2001)The Geography of Investment: …Does size matter? The influence of large clients on office-level auditor reporting decisions (2000)Does size matter? The influen…Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach (1997)Geographic Concentration in U…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings? (1997)Do Stock Prices Fully Reflect…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Do Stock Prices Fully Reflect…Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach (1994)Geographic Concentration in U…Increasing Returns and Economic Geography (1990)Increasing Returns and Econom…Withdrawn Security Offerings (1988)Withdrawn Security OfferingsUsing daily stock returns (1985)Using daily stock returnsEvidence on the capitalized value of merger activity for acquiring firms (1983)Evidence on the capitalized v…Agency Problems, Auditing, and the Theory of the Firm: Some Evidence (1983)Agency Problems, Auditing, an…Sustainability‐related transgressions in global supply chains: When do legitimacy spillovers hurt buying firms the most? (2023)Sustainability‐related transg…Big 4 auditors, bank earnings management and financial crisis in Africa (2021)Big 4 auditors, bank earnings…The impact of auditors’ awareness of the profession’s reputation for independence on auditors’ ethical judgement (2019)The impact of auditors’ aware…Stock Price Contagion Effects of Low-Quality Audits at the Individual Audit Partner Level (2018)Stock Price Contagion Effects…Safety crises and R&D outsourcing alliances: Which governance mode minimizes negative spillovers? (2018)Safety crises and R&D outsour…Audit Partner Disclosure: An Experimental Exploration of Accounting Information Contagion (2017)Audit Partner Disclosure: An …The relation between auditor reputation, earnings and capital management in the banking sector: An international investigation (2016)The relation between auditor …Japanese stock market reaction to announcements of news affecting auditors’ reputation: The case of the Olympus fraud (2014)Japanese stock market reactio…Toward an Input-Based Perspective on Categorization: Investor Reactions to Chemical Accidents (2013)Toward an Input-Based Perspec…Investor Reactions to PCAOB Inspection Reports (2011)Investor Reactions to PCAOB I…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Measuring Abnormal Bond Performance (2008)Event Study Testing with Cross-sectional Correlation of Abnormal Returns (2010)The effect of banking crisis on bank-dependent borrowers (2010)The Cross-Section of Expected Stock Returns (1992)How Distance, Language, and Culture Influence Stockholdings and Trades (2001)The determinants of cross-border equity flows (2004)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Increasing Returns and Long-Run Growth (1986)On the mechanics of economic development (1988)Competing Technologies, Increasing Returns, and Lock-In by Historical Events (1989)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)Related Variety, Unrelated Variety and Regional Economic Growth (2007)The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market (2013)Auditor size and audit quality (1981)Earnings Management During Import Relief Investigations (1991)Detecting Earnings Management. (1995)Auditor Industry Specialization and Earnings Quality (2003)State ownership, the institutional environment, and auditor choice: Evidence from China (2008)National and Office‐Specific Measures of Auditor Industry Expertise and Effects on Audit Quality (2009)Conditional logit analysis of qualitative choice behavior (1972)Geography and Trade (1991)Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations (1993)The Economic Performance of Regions (2003)Chapter 49 Evidence on the nature and sources of agglomeration economies (2004)Identifying Technology Spillovers and Product Market Rivalry (2013)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure (1979)Institutions (1991)Legislative leviathan: party government in the House (1993)Capital markets research in accounting (2001)Big 4 Office Size and Audit Quality (2009)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Introductory Econometrics for Finance (2008)The economic implications of corporate financial reporting (2005)The market pricing of accruals quality (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Editor's Choice Digesting Anomalies: An Investment ApproachInvestor Psychology and Asset Pricing (2001)… and the Cross-Section of Expected Returns (2015)The Elusive Concept of Localization Economies: Towards a Knowledge-Based Theory of Spatial Clustering (2002)Geography, Industrial Organization, and Agglomeration (2003)Marshall's scale economies (2003)
this work references cited by second hop

References

  • 1990Increasing Returns and Economic Geography12,326 cited
  • 1985Using daily stock returns6,497 cited
  • 1996Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?2,636 cited
  • 1997Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?2,181 cited
  • 1997Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach2,117 cited
  • 2001The Geography of Investment: Informed Trading and Asset Prices2,004 cited
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  • 2003The Effects of Firm-Wide and Office-Level Industry Expertise on Audit Pricing699 cited
  • 2004The Econometrics of Event Studies606 cited
  • 2002Shredded Reputation: The Cost of Audit Failure514 cited
  • 1988Withdrawn Security Offerings391 cited

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2005
Liquidity: Urban versus rural firms
389 cited
  • 1983Evidence on the capitalized value of merger activity for acquiring firms388 cited
  • Cited by

    • 2013Toward an Input-Based Perspective on Categorization: Investor Reactions to Chemical Accidents74 cited
    • 2023Sustainability‐related transgressions in global supply chains: When do legitimacy spillovers hurt buying firms the most?47 cited
    • 2016The relation between auditor reputation, earnings and capital management in the banking sector: An international investigation37 cited
    • 2011Investor Reactions to PCAOB Inspection Reports34 cited
    • 2018Stock Price Contagion Effects of Low-Quality Audits at the Individual Audit Partner Level30 cited
    • 2017Audit Partner Disclosure: An Experimental Exploration of Accounting Information Contagion28 cited
    • 2021Big 4 auditors, bank earnings management and financial crisis in Africa21 cited
    • 2019The impact of auditors’ awareness of the profession’s reputation for independence on auditors’ ethical judgement19 cited
    • 2018Safety crises and R&D outsourcing alliances: Which governance mode minimizes negative spillovers?18 cited
    • 2014Japanese stock market reaction to announcements of news affecting auditors’ reputation: The case of the Olympus fraud18 cited