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Full-Text Articles in Law
Costing Financial Regulation, Caroline Bradley
The Irrational Auditor And Irrational Liability, Adam C. Pritchard
The Irrational Auditor And Irrational Liability, Adam C. Pritchard
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This Article argues that less liability for auditors in certain areas might encourage more accurate and useful financial statements, or at least equally accurate statements at a lower cost. Audit quality is promoted by three incentives: reputation, regulation, and litigation. When we take reputation and regulation into account, exposing auditors to potentially massive liability may undermine the effectiveness of reputation and regulation, thereby diminishing integrity of audited financial statements. The relation of litigation to the other incentives that promote audit quality has become more important in light of the sea change that occurred in the regulation of the auditing profession …
Resistances To Reforming Corporate Governance: The Diffusion Of Qlccs, Robert Eli Rosen
Resistances To Reforming Corporate Governance: The Diffusion Of Qlccs, Robert Eli Rosen
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No abstract provided.