literature United States English original

Gatekeeper Failure and Reform: The Challenge of Fashioning Relevant Reforms

Leading post-Enron analysis of gatekeeper failure, auditor incentives, reputational intermediaries, and reform design in securities markets.

Use It For

Use this to frame the role of auditors, sponsors, exchanges, and other intermediaries in listed-company disclosure.

Ask students which parts of the gatekeeper model travel to China and which depend on U.S.-style litigation and market incentives.