Studies the responsiveness of manager clients to opinions made by auditors based on their qualifications through an equilibrium model. Discussion on the two-period equilibrium model; Propositions on high report of auditors; Related studies on audit opinions and market opinion.
Melumad, Nahum, and Amir Ziv. "A Theoretical Examination of the Market Reaction to Auditors' Qualifications." Journal of Accounting Research 35, no. 2 (Fall 1997): 239-56.
Each author name for a Columbia Business School faculty member is linked to a faculty research page, which lists additional publications by that faculty member.
Each topic is linked to an index of publications on that topic.