Clive Lennox

USC Accounting Associates Professor of Accounting

Clive joined the Leventhal School of Accounting in 2015. His research interests are in auditing, disclosure, fraud, bankruptcy, and empirical methods. He has published more than twenty articles in the top-tier accounting journals (Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review, Contemporary Accounting Research, and the Review of Accounting Studies). His research and teaching has received numerous prizes including the Notable Contribution to the Auditing Literature Award from the American Accounting Association in 2016. Clive is an editor at The Accounting Review and Contemporary Accounting Research, and he is a member of the editorial board at the Journal of Accounting Research.

+ Show Research List - Hide Research List
Lennox, C. () "Did the PCAOB’s Restrictions on Auditors’ Tax Services Improve Audit Quality? ", The Accounting Review, 91, 1493-1512.
DeFond, ., Lennox, C. () "Do PCAOB inspections improve the quality of internal control audits? ", Journal of Accounting Research.
Lennox, C., Kausar, A. () "Estimation risk and auditor conservatism ", Review of Accounting Studies.
Lennox, C., Wu, X., Zhang, T. () "The effect of audit adjustments on earnings quality: Evidence from China ", Journal of Accounting and Economics, 61, 545-562.
De Fond, M., Lennox, C. () "Do PCAOB Inspections Improve the Quality of Internal Control Audits?".
Dhaliwal, D., Lamoreaux, P., Lennox, C., Mauler, L. () "Management Influence on Auditor Selection and Subsequent Impairments of Auditor Independence during the Post-SOX Period ", Contemporary Accounting Research, 32, 575–607.
Ke, B., Lennox, C., Xin, Q. () "The effect of China’s weak institutional environment on the quality of Big 4 audits ", The Accounting Review, 90, 1591–1619.
Lennox, C., Li, B. () "Accounting misstatements following lawsuits against auditors ", Journal of Accounting and Economics, 57, 58–75.
Lennox, C., Wu, X., Zhang, T. () "Does mandatory rotation of audit partners improve audit quality? ", The accounting review, 89, 1775–1803.
Dedman, E., Kausar, A., Lennox, C. () "The demand for audit in private firms: recent large-sample evidence from the UK ", European Accounting Review, 23, 1–23.
Hui, K., Lennox, C., Zhang, G. () "The Market’s Valuation of Fraudulently Reported Earnings ", Journal of Business Finance & Accounting, 41, 627–651.
Lennox, C., Lisowsky, P., Pittman, J. () "Tax aggressiveness and accounting fraud ", Journal of Accounting Research, 51, 739–778.
Lennox, C. () "Auditor tenure and rotation ", Available at SSRN 2165127.
Lennox, C., Li, B. () "The consequences of protecting audit partners’ personal assets from the threat of liability ", Journal of Accounting and Economics, 54, 154–173.
Carson, E., Fargher, N., Geiger, M., Lennox, C., Raghunandan, K., Willekens, M. () "Audit reporting for going-concern uncertainty: A research synthesis ", Auditing: A Journal of Practice & Theory, 32, 353–384.
De Fond, M., Lennox, C. () "The effect of SOX on small auditor exits and audit quality ", Journal of Accounting and Economics, 52, 21–40.
Ge, R., Lennox, C. () "Do acquirers disclose good news or withhold bad news when they finance their acquisitions using equity? ", Review of Accounting Studies, 16, 183–217.
Lennox, C., Francis, J., Wang, Z. () "Selection models in accounting research ", The Accounting Review, 87, 589–616.
Lennox, C., Pittman, J. () "Voluntary audits versus mandatory audits ", The Accounting Review, 86, 1655–1678.
Lennox, C., Pittman, J. () "Auditing the auditors: Evidence on the recent reforms to the external monitoring of audit firms ", Journal of Accounting and Economics, 49, 84–103.
Lennox, C., Pittman, J. () "Big Five Audits and Accounting Fraud* ", Contemporary Accounting Research, 27, 209–247.
Dedman, E., Lennox, C. () "Perceived competition, profitability and the withholding of information about sales and the cost of sales ", Journal of Accounting and Economics, 48, 210–230.
Caramanis, C., Lennox, C. () "Audit effort and earnings management ", Journal of accounting and economics, 45, 116–138.
Geiger, M., Lennox, C., North, D. () "The hiring of accounting and finance officers from audit firms: how did the market react? ", Review of Accounting Studies, 13, 55–86.
Lennox, C., Park, C. () "Audit Firm Appointments, Audit Firm Alumni, and Audit Committee Independence* ", Contemporary Accounting Research, 24, 235–258.
Lennox, C., Park, C. () "The informativeness of earnings and management’s issuance of earnings forecasts ", Journal of Accounting and Economics, 42, 439–458.
Lennox, C. () "Audit quality and executive officers’ affiliations with CPA firms ", Journal of Accounting and Economics, 39, 201–231.
Lennox, C. () "Management Ownership and Audit Firm Size* ", Contemporary Accounting Research, 22, 205–227.
Hilary, G., Lennox, C. () "The credibility of self-regulation: Evidence from the accounting profession’s peer review program ", Journal of accounting and economics, 40, 211–229.
Ireland, J., Lennox, C. () "The large audit firm fee premium: A case of selectivity bias? ", Journal of Accounting, Auditing & Finance, 17, 73–91.
Lennox, C. () "Self-serving disclosures by chairpersons of failing UK companies ", Asia-Pacific Journal of Accounting & Economics, 8, 63–81.
Lennox, C. () "Do companies successfully engage in opinion-shopping? Evidence from the UK ", Journal of Accounting and Economics, 29, 321–337.
Lennox, C. () "Are large auditors more accurate than small auditors? ", Accounting and business research, 29, 217–227.
Lennox, C. () "Audit quality and auditor size: An evaluation of reputation and deep pockets hypotheses ", Journal of Business Finance & Accounting, 26, 779–805.
Lennox, C. () "Identifying failing companies: a re-evaluation of the logit, probit and DA approaches ", Journal of Economics and Business, 51, 347–364.
Lennox, C. () "Non-audit fees, disclosure and audit quality ", European Accounting Review, 8, 239–252.
Lennox, C. () "The accuracy and incremental information content of audit reports in predicting bankruptcy ", Journal of Business Finance & Accounting, 26, 757–778.