... in the market for new clients. Our results suggest that a more nuanced examination of auditor reputational damages may help detect distinct effects between classes of audit firms. Importantly, our findings may be of interest to practitioners and researchers as they consider the consequences of a high-profile...

... experience than their counterparts without Big 4 experience. Data Availability: Data were obtained from publicly available sources identified in the paper. JEL Classifications: M42. 1 12 2019 1 9 2020 2021 auditor reputation audit quality audit fees non-Big 4 Big 4...

... are significantly negative around the restatement announcement date and are more negative with more severe restatements. Corresponding author: Afshad J. Irani, Email: [email protected] financial restatements audit quality auditor reputation auditor dismissal Audit quality is not directly...