Did Houston Clients of Arthur Andersen Recognize Publicly Available Bad News in a Timely Fashion

By Gopal V. Krishnan. 2003

118 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f67a0b21026cb5b0fde14541b9105f94d82883fb

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Citations in the corpus

Should We Stay or Should We Go? Accountability, Status Anxiety, and Client Defections (2006, unknown): “Krishnan (2003) found that reported earnings, which are potentially subject to aggressive and opportunistic accounting by managers, are more informative when firms are audited by high-quality auditors, as demonstrated by a stronger association between reported earnings and stock returns for these…”
Does a Lack of Choice Lead to Lower Quality?: Evidence from Auditor Competition and Client Restatements (2013, unknown): “(2002) note that earnings management surrogates such as accruals are noisy, indirect measures of the auditor‘s impact on the client‘s financial statements, and McNichols (2000) indicates that a gap exists between empirical procedures and our understanding of accruals‘ behavior.”
Undeserved Loss: The Spread of Legitimacy Loss to Innocent Organizations in Response to Reported Corporate Deviance (2009, background): “When values are not fully internalized, organizational conformity to cultural values is held in place by the costs of losing legitimacy (Scott, 1987).”
Measuring Reporting Conservatism (2007, background): “With some exceptions such as Hagerman and Zmijewski (1979, 1981), Staubus (1985) and Leftwich (1995), little attempt has been made over the years to quantify conservatism, despite it being one of the most prominent characteristics of financial accounting.”
What affects accounting conservatism: A corporate governance perspective (2009, background): “23 PIN-scores of firms, LaFond and Watts (2008) verify the role of conservatism.”
Identifying Conditional Conservatism (2006, background): “With a few exceptions, such as Kwon (2002), Sivakumar and Waymire (2003), and Chandra et al.”
Auditor Style and Financial Statement Comparability (2014, unknown): “This stream of research has also examined other earnings attributes such as benchmark beating (Burgstahler and Dichev 1997; Frankel, Johnson, and Nelson 2002), accruals quality (Dechow and Dichev 2002; Doyle, Ge, and McVay 2007), and timely loss recognition (Basu 1997; Krishnan 2005).”
Audit Quality: Insights from the Academic Literature (2013, background): “Moreover, as a unique example, clients of the Houston office of Arthur Andersen (responsible for the failed Enron audit) exhibited lower levels of conditional conservatism than a control group (Krishnan 2006) and Andersen clients that switched auditors following Andersen’s downfall showed increases ”