perform recurring transactions with little human intervention. Theory suggests that this shift from human to technology agency … develop and audit the autonomous system, legal liability for a failure should not change because of the system that generated … the failure. However, based on the human/computer interaction literature, we predict that jurors will shift liability …

, gatekeeping proves to improve social welfare when: 1) the private audit cost is low; 2) the share of liability placed on the …

This paper studies how legal liability due to negligence can weaken or strengthen an auditor's reputation concerns in … the client market to provide high audit effort. A negligence liability rule relies on auditing standards to provide a … threshold for the level of due care. When the negligence standard is lax, legal liability can weaken the auditor's reputation …

' exposure to liability risk. This enhanced risk and its negative implications have resulted in an international trend intended … to limit auditors' liability. Currently, auditor liability is limited in approximately thirty-three countries. Liability …; adopting a proportionate liability rule; and permitting association of accountants in a limited liability corporation. Eleven …