Mohrmann, Ulf; Riepe, Jan; Stefani, Ulrike - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2013
Although the role of auditing is to increase the reliability of financial statements, surprisingly little is known about addressees’ perceptions of the auditor-client relationship. Using a sample of more than 1,000 U.S. bank-years from 2008 to 2011, we analyze the economic consequences of the...