haku: @journal_id 1585 / yhteensä: 74
viite: 9 / 74
| Tekijä: | Cushing, B. E. Gilbertson, D. L. |
| Otsikko: | Strategic Analysis of Securities Litigation against Independent Auditors |
| Lehti: | Auditing
2002 : SEP, VOL. 21:2, p. 57-80 |
| Asiasana: | SECURITIES GAME THEORY AUDITING STRATEGIC PLANNING |
| Kieli: | eng |
| Tiivistelmä: | It has been claimed that the accounting profession faces a serious litigation crisis, largely attributable to frivolous class-action lawsuits that allege securities fraud. In response to recent calls for research on accounting litigation, this paper develops and analyses a game- theoretic model of securities class-action litigation and settlement under present institutional arrangements in the United States. Two research questions are examined. The paper considers factors explain the outcomes of securities lawsuits against independent auditors in the USA. Second, what (if any) strategies exist that accounting firms might employ to deter unwarranted securities litigation, coerced settlements, and other objectionable outcomes. |
SCIMA