Allen, Mary F.; Linville, Mark; Stott, David M. - In: American Journal of Business 20 (2005) 1, pp. 37-45
We examine the role of past litigation in the selection of independent auditors. Using a sample of persons typically involved in auditor selection, we find that any litigation announcement alleging audit improprieties greatly reduces the auditorÕs likelihood of hire regardless of the type of...
