... outside of the auditor-client relationship. ² Theory suggests that financial reporting quality varies positively with the risk of litigation ( Simunic 1980 ; Simunic and Stein 1996 ). However, as financial reporting quality is jointly determined by the auditor and the client, the effect...

... partners who share their experiences on topics including how they identify appropriate candidate partners and what efforts they undertake to manage relationships with clients post-rotation. We investigate firms' motivation to manage the auditor-client relationship through the lens of Social Exchange Theory...