| http://www.w3.org/ns/prov#value | - We also examine the implications of this both at the micro and public policy level and whether the ???bad auditors??? will drive out the ???good auditors.??? We find that the ???good corporations??? have an incentive to drive out the ???bad auditors.??? However, whilst investors have negligible information about audit quality, scandals such as Enron and Arthur Andersen are likely to occur.
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