...: Available upon request. auditor negligence auditor independence credibility remedial defense tactics We thank Ann Backof, Brian Ballou, Tim Bauer, Anne Farrell, Dan Heitger, Jessen Hobson, Kathryn Kadous, Justin Leiby, Bill Messier, Don Moser, Mark Peecher, Tammie Schaefer, Chad Simon...

...Darius J. Fatemi SUMMARY This study uses experimental markets to gain insights into the effect of audit fee structure and auditor selection rights on auditor independence and client investment decisions. I find that firm managers are more willing to make a high cost/return investment under...