Cross, Joann Noe; Kunkel, Robert A. - In: Managerial Finance 38 (2012), pp. 678-688
Purpose – The purpose of this paper is to examine how the Andersen implosion over Enron impacted Fortune 500 firms that were competitors of Enron and/or audited by Andersen. This event provides an opportunity to study various contagion effects. Design/methodology/approach – An event study...