... 2023 auditor liability financial reporting quality analyst’s forecast information production capital investment A stricter legal liability regime has a nonmonotonic effect on firm value because it can cause investment efficiency to either increase or decrease. For a high-growth firm...

... participants at Brigham Young University and Cornell University for comments, and Matthew Hayes and Michael Mowchan for their assistance. Editor's note: Accepted by Kathryn Kadous. March 2014 February 2016 2017 auditor liability jury audit quality mediation anchoring sample...

... the consequences of more complete documentation on jurors' evaluations of auditors and suggest the need for documentation policies that more effectively communicate the appropriateness of auditors' professional judgments. audit documentation auditor liability culpable control model damage awards...