University of Bath School of Management University of Bath School of Management

Professor Clive Lennox

Clive Lennox
Contact

email Email Prof Clive Lennox

Publications

Leading Refereed Journal Papers

BA, PhD

Job Title:

Professor

Division:

Accounting, Finance & Law

Key Research Interests:

Auditing, disclosure, fraud, bankruptcy, empirical research methods, and Chinese accounting and auditing.

Research Interests

My research interests are in auditing, disclosure, fraud, bankruptcy, empirical research methods, and Chinese accounting and auditing. 

I have published 25 articles in the top five accounting journals and I am Editor at Contemporary Accounting Research and a member of the editorial board at the Journal of Accounting Research.

PhD Supervision

Zitian Wang (NTU), expected to graduate in 2013. Committee chair. First placement at Shanghai University of Finance & Economics.

Bing Li (NTU), graduated in 2012. Committee chair. First placement at City University of Hong Kong.

Rui Ge (HKUST), graduated in 2009. Committee chair. First placement at SunYat Sen University, Guangzhou, China. Rui’s dissertation paper was published in the Review of Accounting Studies.

Hou Qingchuan (HKUST), graduated in 2007. Co-chair with Peter Chen. First placement at Shanghai University of Finance and Economics.

Publications

Leading Refereed Journal Papers

Lennox, C. & Defond, M., 2017. Forthcoming. Do PCAOB inspections improve the quality of internal control audits? Journal of Accounting Research.

Lennox, C. & Kausar, A., 2017. Forthcoming. Estimation risk and auditor conservatism. Review of Accounting Studies.

Lennox, C., 2016. Did the PCAOB's restrictions on auditors' tax services improve audit quality? The Accounting Review, 91(5), 1493-1512.

Lennox, C., Zhang, T. & Wu, X., 2016. How do audit adjustments affect earnings quality? Evidence from China. Journal of Accounting and Economics, 61(2-3), 545-562.

Lennox, C., Bin Ke, B. & Xin, Q., 2016. The effect of China's weak institutional environment on the quality of Big Four audits. The Accounting Review, 90(1591-1619).

Lennox, C., Dhaliwal, D., Lamoreaux, P. & Mauler, L., 2015. Management influence on auditor selection and subsequent impairments of auditor independence during the post-SOX period. Contemporary Accounting Research, 32, 575-607.

Lennox, C., Zhang, T. & Wu, X., 2014. Does mandatory rotation of audit partners improve audit quality? The Accounting Review, 89, 1775-1803.

Lennox, C. & Li, B. 2014. Accounting misstatements following lawsuits against auditors. Journal of Accounting and Economics, 57, 58-75.

Lennox, C., Hui, K-W & Zhang, G., 2014. The market's valuation of fraudulently reported earnings. Journal of Business Finance and Accounting, 41, 627-651.

Lennox, C., Dedman, E. & Kausar, A., 2014. The demand for audit in private firms: Recent large sample evidence from the UK. European Accounting Review, 23, 1-23.

Lennox, C., Carson, E., Fargher, N., Geiger, M., Raghunandan, K. & Willekens, M., 2013. Audit reporting for going-concern uncertainty: A research synthesis, Auditing: A Journal of Practice and Theory, 32, 353-384.

Lennox, C., Lisowsky, P., & Pittman, J. 2013. Tax aggressiveness and accounting fraud. Journal of Accounting Research, 51(4): 739-778 DOI: 10.1111/joar.12002.

Lennox, C., & Li, B. 2012. The consequences of protecting audit partners’ personal assets from the threat of liability. Journal of Accounting and Economics, 54(2-3): 154-173, DOI: 10.1016/j.jacceco.2012.06.002.

Lennox, C., Francis, J. R., & Wang, Z. 2012. Selection models in accounting research. Accounting Review, 87(2): 589-616, DOI: 10.2308/accr-10195.

Lennox, C. 2012. Racial integration, ethnic diversity and prejudice: Empirical evidence from a study of the British National Party. Oxford Economics Papers, 64(3): 395-416, DOI: 10.1093/oep/gpr058.

Lennox, C., & Pitman, J. 2011. Voluntary audits versus mandatory audits. Accounting Review, 86(5): 1655-1678, DOI: 10.2308/accr-10098.

DeFond, M., & Lennox, C.  2011. The effect of SOX on small auditor exits and audit quality. Journal of Accounting and Economics, 52(1): 21-40, DOI: 10.1016/j.jacceco.2011.03.002.

Ge, R., & Lennox, C. 2011. Do acquirers disclose good news or withhold bad news when they finance their acquisitions using equity? Review of Accounting Studies, 16(1): 183-217, DOI: 10.1007/s11142-010-9139-y.

Lennox, C., & Pittman, J. 2010. Big Five audits and accounting fraud. Contemporary Accounting Research, 27(1): 209-247, DOI: 10.1111/j.1911-3846.2010.01007.x.

Lennox, C., & Pittman, J. 2010. Auditing the auditors: Evidence on the PCAOB’s inspections of audit firms. Journal of Accounting and Economics, 49(1-2): 84–103, DOI: 10.1016/j.jacceco.2009.04.002.

Dedman, E., & Lennox, C. 2009. Perceived competition, profitability and the withholding of information about sales and the cost of sales. Journal of Accounting and Economics, 48(2-3): 210-230, DOI: 10.1016/j.jacceco.2009.07.003.

► older publications

Caramanis, C., & Lennox, C. 2008. Audit effort and earnings management. Journal of Accounting and Economics, 45(1): 116–138, DOI: 10.1016/j.jacceco.2007.05.002.

Geiger, M. A., Lennox, C. & North, D. 2008. The hiring of accounting and finance officers from audit firms: How did the market react? Review of Accounting Studies, 13(1): 55–86, DOI: 10.1007/s11142-007-9047-y.

Lennox, C., & Park, C. 2007. Audit firm appointments, audit alumni, and audit committee independence. Contemporary Accounting Research, 24(1): 235-258, DOI: 10.1506/F024-686L-7233-N62J.

Lennox, C., & Park, C. 2006. The informativeness of earnings and management’s issuance of earnings forecasts. Journal of Accounting and Economics, 42(3): 439-458, DOI: 10.1016/j.jacceco.2006.05.001.

Hilary, G., & Lennox, C. 2005. The credibility of self-regulation: Evidence from the accounting profession’s peer review program. Journal of Accounting and Economics, 40(1-3): 211-229, DOI: 10.1016/j.jacceco.2005.03.002.

Lennox, C. 2005. Audit quality and executive officers’ affiliations with CPA firms. Journal of Accounting and Economics, 39(2): 201-231, DOI: 10.1016/j.jacceco.2003.12.002.

Lennox, C. 2005. Managerial ownership and audit firm size. Contemporary Accounting Research, 22(1): 205-227,  DOI: 10.1506/K2CG-U6V0-NPTC-EQBK.

Ireland, J., & Lennox, C. 2002. The large audit firm fee premium: A case of selectivity bias? Journal of Accounting, Auditing and Finance, 17(1): 73-91, DOI: 10.1177/0148558X0201700104.