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The Impact of Litigation against an Audit Firm on the Market Value of Nonlitigating Clients
16 references·12 citing·42 second hop
The Impact of Litigation against an Audit Firm on the Market Value of Nonlitigating Clients (1998)The Impact of Litigation against an Audit…Industry Specialization by Auditors (1999)Industry Specialization by Au…Auditor brand name reputations and industry specializations (1995)Auditor brand name reputation…Lawsuits against Auditors (1994)Lawsuits against AuditorsPerceived Auditor Quality and the Earnings Response Coefficient (1993)Perceived Auditor Quality and…Nonparametric event study tests (1992)Nonparametric event study tes…The Financial and Market Effects of the SEC's Accounting and Auditing Enforcement Releases (1991)The Financial and Market Effe…The market for audit services (1990)The market for audit servicesAudit Fees and Auditor Size: Further Evidence (1986)Audit Fees and Auditor Size: …Accounting activities, security prices, and class action lawsuits (1984)Accounting activities, securi…Premiums for High Quality Products as Returns to Reputations (1983)Premiums for High Quality Pro…On corporate governance (1983)On corporate governanceThe Role of Market Forces in Assuring Contractual Performance (1981)The Role of Market Forces in …Auditor size and audit quality (1981)Auditor size and audit qualityTheory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Corporate Forecasts of Earnin…Theory of the Firm (1966)Theory of the FirmGlobal Insights on TMT Gender Diversity in Controversial Industries: A Legitimacy Perspective (2021)Global Insights on TMT Gender…The auditor reputation cycle: A synthesis of the literature (2020)The auditor reputation cycle:…Do Client Bankruptcies Preceded by Clean Audit Opinions Damage Auditor Reputation?* (2019)Do Client Bankruptcies Preced…Audit quality differences amongst audit firms in a developing economy (2016)Audit quality differences amo…Litigation risk, financial reporting and auditing: A survey of the literature (2014)Litigation risk, financial re…The Insurance Hypothesis: An Examination of KPMG's Audit Clients around the Investigation and Settlement of the Tax Shelter Case (2013)The Insurance Hypothesis: An …Auditor conservatism following audit failures (2010)Auditor conservatism followin…The Influence of Qualified Foreign Institutional Investors on the Association between Default Risk and Audit Opinions: Evidence from the Chinese Stock Market (2008)The Influence of Qualified Fo…The Impact of Auditor Tenure on Initial Bond Ratings (2006)The Impact of Auditor Tenure …An Experimental Test of the Interaction of the Insurance and Information‐Signaling Hypotheses in Auditing* (2006)An Experimental Test of the I…Auditor Selection: What Influences Decisions by Listed Companies? (2003)Auditor Selection: What Influ…Auditor Reputation, Auditor Independence and the Stock Market Reaction to Andersen's Clients (2003)Auditor Reputation, Auditor I…An Empirical Evaluation of Accounting Income Numbers (1968)Agency Problems and the Theory of the Firm (1980)Using daily stock returns (1985)Efficient Capital Markets: II (1991)EVENT STUDIES IN MANAGEMENT RESEARCH: THEORETICAL AND EMPIRICAL ISSUES. (1997)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)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The Effect of Audit Quality on Earnings Management* (1998)Separation of Ownership and Control (1983)Positive Accounting Theory (1985)The Role of Big 6 Auditors in the Credible Reporting of Accruals (1999)Do Non–Audit Service Fees Impair Auditor Independence? Evidence from Going Concern Audit Opinions (2002)Auditor Industry Specialization and Earnings Quality (2003)Information quality and the valuation of new issues (1986)On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research (1989)Capital markets research in accounting (2001)Nonfinancial Disclosure and Analyst Forecast Accuracy: International Evidence on Corporate Social Responsibility Disclosure (2012)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Measuring security price performance (1980)Earnings Management During Import Relief Investigations (1991)Event Studies in Economics and Finance (1997)Job Market Signaling (1973)Transaction-Cost Economics: The Governance of Contractual Relations (1979)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Buzz: face-to-face contact and the urban economy (2004)The Impact of Social Structure on Economic Outcomes (2005)Consumer Information, Product Quality, and Seller Reputation (1982)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Initial Public Offerings and Underwriter Reputation (1990)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Audit Committee Composition and Auditor Reporting (2000)Does Auditor Quality and Tenure Matter to Investors? Evidence from the Bond Market (2004)The Pricing of National and City-Specific Reputations for Industry Expertise in the U.S. Audit Market (2005)Why do firms differ, and how does it matter? (1991)Has Financial Development Made the World Riskier? (2005)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1981Auditor size and audit quality5,862 cited
  • 1981The Role of Market Forces in Assuring Contractual Performance3,652 cited
  • 1983Premiums for High Quality Products as Returns to Reputations2,325 cited
  • 1966Theory of the Firm2,288 cited
  • 1976Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test1,749 cited
  • 1995Auditor brand name reputations and industry specializations1,482 cited
  • 1993Perceived Auditor Quality and the Earnings Response Coefficient1,168 cited
  • 1986Audit Fees and Auditor Size: Further Evidence994 cited
  • 1983On corporate governance961 cited
  • 1991The Financial and Market Effects of the SEC's Accounting and Auditing Enforcement Releases689 cited
  • 1992Nonparametric event study tests669 cited
  • 1994Lawsuits against Auditors540 cited
  • 1990The market for audit services448 cited
  • 1999Industry Specialization by Auditors376 cited
  • 1984Accounting activities, security prices, and class action lawsuits

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206 cited

Cited by

  • 2021Global Insights on TMT Gender Diversity in Controversial Industries: A Legitimacy Perspective50 cited
  • 2014Litigation risk, financial reporting and auditing: A survey of the literature43 cited
  • 2008The Influence of Qualified Foreign Institutional Investors on the Association between Default Risk and Audit Opinions: Evidence from the Chinese Stock Market43 cited
  • 2003Auditor Reputation, Auditor Independence and the Stock Market Reaction to Andersen's Clients40 cited
  • 2016Audit quality differences amongst audit firms in a developing economy37 cited
  • 2013The Insurance Hypothesis: An Examination of KPMG's Audit Clients around the Investigation and Settlement of the Tax Shelter Case36 cited
  • 2006The Impact of Auditor Tenure on Initial Bond Ratings31 cited
  • 2006An Experimental Test of the Interaction of the Insurance and Information‐Signaling Hypotheses in Auditing*29 cited
  • 2010Auditor conservatism following audit failures28 cited
  • 2019Do Client Bankruptcies Preceded by Clean Audit Opinions Damage Auditor Reputation?*27 cited
  • 2020The auditor reputation cycle: A synthesis of the literature26 cited
  • 2003Auditor Selection: What Influences Decisions by Listed Companies?24 cited