Dysfunctional audit behaviors behind corporate fiascos are a burning issue in today's ever changing globalized business world. After the Enron scandal that saw the demise of Arthur Andersen LLP., a growing research interest in the field of audit quality is being witnessed. With this negative...

Across a range of industries, regulators use ratings to inform consumers about firms and products. Using online experiments, we investigate two pathways through which individuals extract the information communicated by such ratings: beliefs about the distribution of ratings (e.g., how often good...

This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...