Arthur Andersen's reputation was tarnished following news that its Houston office had shredded documents related to the auditing of energy giant Enron. Earlier studies documented widespread spillover of the reputation effect, suggesting a strong commonality in Big 5 audit practices. We examine...

Using provincial panel data for Chinese commercial banks in the period 2002--2007, this article investigates the impact of competition and privatization on bank lending efficiency. We find evidence of noncommercialization in lending activities. In comparison with privatization, competition plays...