Linthicum, Cheryl; Reitenga, Austin L.; Sanchez, Juan Manuel - In: Journal of Accounting and Public Policy 29 (2010) 2, pp. 160-176
We examine the influence of social responsibility ratings on market returns to Arthur Andersen (AA) clients following the Enron audit failure. Chaney and Philipich (2002) found that AA's loss of reputation resulted in negative market returns to AA clients following the Enron audit failure....