In this study, we investigate whether individual auditors have their own styles by examining their clients' financial statement comparability based on a sample from China. We first confirm the existence of an office-level auditor style (Francis et al. 2014) in China. More importantly, we show...

This study examines how auditors' reputational damage caused by litigation affects audit clients' borrowing costs. Focusing on a sample of syndicated loans made to non-litigated borrowers, we find that borrowing costs are higher when the firms' auditors are sued for alleged audit failures....