Are large auditors more accurate than small auditors?

References

• Altman , E. 1986 . “ ‘Financial ratios, discriminant analysis and the prediction of corporate bankruptcy’ ” . In Issues and readings in managerial finance , Edited by: Johnson , R. New York : Dryden Press .
   Google Scholar
• Altman , E. and McGough , T. 1974 . Evaluation of a company as a going concern” . Journal of Accountancy , 51 – 57 .
   Google Scholar
• Anderson , J. 1972 . Separate sample logistic discrimination . Biometrika , 59 19 – 35 .
   Web of Science ®Google Scholar
• Balvers , R. , McDonald , B. and Miller , R. 1988 . Underpricing of new issues and the choice of auditor as a signal of investment banker reputation . The Accounting Review , 63 605 – 621 .
   Web of Science ®Google Scholar
• Beatty , R. 1989 . Auditor reputation and the pricing of initial public offerings . The Accounting Review , 64 693 – 709 .
   Web of Science ®Google Scholar
• Datar , S. , Feltham , G. and Hughes , J. 1991 . The role of audits and audit quality in valuing new issues . Journal of Accounting and Economics , 14 3 – 49 .
   Web of Science ®Google Scholar
• DeAngelo , L. 1981 . Auditor size and audit quality . Journal of Accounting and Economics , 3 183 – 199 .
   Google Scholar
• DeFond , M. 1992 . The association between changes in client firm agency costs and auditor switching . Auditing: A Journal of Theory and Practice , 11 16 – 31 .
   Web of Science ®Google Scholar
• Dye , R. 1993 . Auditing standards, legal liability and auditor wealth . Journal of Political Economy , 101 887 – 914 .
   Web of Science ®Google Scholar
• Eichenseher , J. , Hagigi , M. and Shields , D. 1989 . Market reaction to auditor changes by OTC companies . Auditing: A Journal of Practice and Theory , 9 29 – 10 .
   Web of Science ®Google Scholar
• Firth , M. and Smith , A. 1992 . Selection of auditor firms by companies in the new issue market . Applied Economics , 24 247 – 255 .
   Web of Science ®Google Scholar
• Francis , J. and Wilson , E. 1988 . Auditor changes: A joint test of theories relating to agency costs and auditor differentiation . The Accounting Review , 63 663 – 682 .
   Web of Science ®Google Scholar
• Grout , P. , Jewitt , I. , Pong , C. and Whittington , G. 1994 . Auditor professional judgement: Implications for regulation and the law . Economic Policy , 19 307 – 344 .
   Google Scholar
• Hopwood , W. , McKeown , J. and Mutchler , J. 1989 . A test of the incremental explanatory power of opinions qualified for consistency and uncertainty . The Accounting Review , 64 28 – 48 .
   Web of Science ®Google Scholar
• Huber , P. 1967 . The behaviour of maximum likelihood estimates under non-standard conditions . Proceedings of the Fifth Berkeley Symposium on Mathematical Statistics and Probability , 1 221 – 233 .
   Google Scholar
• Johnson , W. and Lys , T. 1990 . The market for audit services: Evidence from voluntary auditor changes . Journal of Accounting and Economics , 12 281 – 308 .
   Web of Science ®Google Scholar
• Koh , H. 1991 . Model predictions and auditor assessments of going concern status . Accounting and Business Research , 21 331 – 338 .
   Google Scholar
• Lennox , C. 1999 . Identifying failing companies: A re-evaluation of the logit, probit and DA approaches . Journal of Economics and Business , (forthcoming)
   Google Scholar
• Menon , K. and Williams , D. 1991 . Auditor credibility and initial public offerings . The Accounting Review , 66 313 – 332 .
   Web of Science ®Google Scholar
• Morris , R. 1997 . Early warning indicators of corporate failure: A critical review of previous research and further empirical evidence. , Ashgate Publishing in association with the ICAEW .
   Google Scholar
• Nichols , D. and Smith , D. 1983 . Auditor credibility and auditor changes . Journal of Accounting Research , 21 534 – 544 .
   Web of Science ®Google Scholar
• Schwartz , K. and Soo , B. 1995 . An analysis of form 8-K disclosures of auditor changes by firms approaching bankruptcy . Auditing: A Journal of Practice and Theory , 14 125 – 136 .
   Web of Science ®Google Scholar
• Simunic , D. and Stein , M. 1987 . Production differentiation in auditing: A study of auditor choice in the market for new issues . Canadian Certified General Accountants' Research Foundation. ,
   Google Scholar
• Titman , S. and Trueman , B. 1986 . Information quality and the valuation of new issues . Journal of Accounting and Economics , 8 159 – 172 .
   Web of Science ®Google Scholar