A Theoretical Examination of the Market Reaction to Auditors' Qualifications

Abstract

Studies the responsiveness of manager clients to opinions made by auditors based on their qualifications through an equilibrium model. Discussion on the two-period equilibrium model; Propositions on high report of auditors; Related studies on audit opinions and market opinion.

Authors: Amir Ziv

Format: Journal Article

Publication Date: January 1, 1997

Journal: Journal of Accounting Research

Full Citation

Ziv, Amir

. “A Theoretical Examination of the Market Reaction to Auditors' Qualifications.”

Journal of Accounting Research

vol.

, (January 01, 1997):

239