Market for former Andersen clients: Evidence from government and non-profit sectors

Anheier, 1997, The implications of government funding of non-profit organizations: Three propositions, International Journal of Public Sector Management, 10, 190, 10.1108/09513559710166057 Asthana, S., Balsam, S., Krishnan, J., 2003. Audit firm reputation and client stock price reactions: Evidence from the Enron experience. Working paper, Temple University. Barton, 2005, Who cares about auditor reputation?, Contemporary Accounting Research, 22, 549, 10.1506/C27U-23K8-E1VL-20R0 Beattie, 2001, The determinants of audit fees – evidence from the voluntary sector, Accounting and Business Research, 31, 243, 10.1080/00014788.2001.9729619 Better Business Bureau, 2003. Standards for charity accountability. Better Business Bureau, Arlington, VA. Blouin, 2007, An analysis of forced auditor change: The case of former Arthur Andersen clients, The Accounting Review, 82, 621, 10.2308/accr.2007.82.3.621 Brown, 1995, Audit quality in audits of federal programs by non-federal auditors, Accounting Horizons, 9, 1 Brown, 2005, Exploring the association between board and organizational performance in nonprofit organizations, Nonprofit Management and Leadership, 15, 317, 10.1002/nml.71 Burns, 2001, Auditors charged with securities fraud over work for Pennsylvania nonprofit, Wall Street Journal, 238, 18 Cahan, 2006, After Enron: Auditor conservatism and ex-Andersen clients, The Accounting Review, 81, 49, 10.2308/accr.2006.81.1.49 Chaney, 2002, Shredded reputation: The cost of audit failure, Journal of Accounting Research, 40, 1221, 10.1111/1475-679X.00087 Chang, C., Chi, W., Liu, C., 2003. Client characteristics and auditor switch in an audit failure. Working paper, National Chengchi University. Colson, 2004, Public accountability: An interview with New York state comptroller Alan Hevesi, The CPA Journal, 74, 18 DeAngelo, 1981, Auditor size and audit quality, Journal of Accounting and Economics, 3, 183, 10.1016/0165-4101(81)90002-1 DeFond, 1992, The association between changes in client firm agency costs and auditor switching, Auditing: A Journal of Practice and Theory, 11, 16 Francis, 1988, Auditor change: A joint test of theories relating to agency costs and auditor differentiation, The Accounting Review, 63, 663 General Accounting Office (GAO), 2003. Accounting firm consolidation. GAO-03-1158. General Accounting Office, Washington, DC. Gordon, 1999, Tax-exempt organization financial data: Availability and limitations, Accounting Horizons, 13, 113, 10.2308/acch.1999.13.2.113 Harris, 1985 Independent Sector, 2002. Nonprofit Almanac and Desk Reference. Independent Sector, Washington, DC. Jensen, 1976, Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics, 3, 305, 10.1016/0304-405X(76)90026-X Johnson, 1990, The market for audit services: Evidence from voluntary auditor changes, Journal of Accounting and Economics, 12, 281, 10.1016/0165-4101(90)90051-5 Kaufman, 2006, Student derivative lawsuits, The Yale Law Journal, 115, 1471, 10.2307/20455659 Keating, 2005, The single audit act: How compliant are nonprofit organizations?, Journal of Public Budgeting, Accounting & Financial Management, 17, 285, 10.1108/JPBAFM-17-03-2005-B002 Kohlbeck, M., Mayhew, B., Murphy, P., Wilkins, M., 2006. Competition for Andersen’s clients. Working paper, Florida Atlantic University. Available at SSRN: <http://ssrn.com/abstract=900130>. Krishnamurthy, 2006, Auditor reputation, auditor independence and the stock-market impact of Andersen’s indictment on its client firms, Contemporary Accounting Research, 23, 465, 10.1506/14P1-5QRR-1NAF-3CE1 Krishnan, 1996, The simultaneous relation between auditor switching and audit opinion: An empirical analysis, Accounting and Business Research, 26, 224, 10.1080/00014788.1996.9729513 Landsman, W., Nelson, K., Rountree, B., 2005. An empirical analysis of big n auditor switches. Working paper, University of North Carolina, Chapel Hill. Nichols, 1983, Auditor credibility and auditor changes, Journal of Accounting Research, 21, 534, 10.2307/2490789 Pfeffer, 1978 Public Accounting Report (PAR), June 30, 2002. Special Section: Guilty verdict for Andersen 26(12), 3–8. Sarbanes-Oxley Act (SOX), 2002. Public Law No. 107-204. GPO, Washington, DC. Schwartz, 1985, Auditor switches by failing firms, The Accounting Review, 60, 248 Tate, 2007, Auditor change and auditor choice in nonprofit organizations, Auditing: A Journal of Practice and Theory, 26, 47, 10.2308/aud.2007.26.1.47 US Census Bureau, 2003. State and local government finances by level of government and by state: 2003–2004. Available at <http://www.census.gov/govs/www/estimate.html>. US Census Bureau, 2006. Public employment data – state and local governments. Available at <http://ftp2.census.gov/govs/apes/06stlus.txt>. Vermeer, 2006, The composition of non-profit audit committees, Accounting Horizons, 20, 75, 10.2308/acch.2006.20.1.75 Vermeer, T., Rama, D., Raghunandan, K., 2006b. Audit fees for former Andersen clients: A note. Working paper, University of Baltimore. Wall Street Journal, March 11, 2005. Bids and offers, C4. Watts, 1978, Towards a positive accounting theory of the determination of accounting standards, The Accounting Review, 53, 112 Wells, 2005, Senate hearing probes tax abuse by charity groups, Wall Street Journal, 245, D2