When thousands of fake Wells Fargo accounts came to light in 2016, the media scrutinized everyone behind the scandal, with the bank's external auditor, KPMG, sharing print space in nearly every article. A new study from researchers at University of Colorado Denver, Bentley University, and Northeastern University found that the media blowback related to environmental, social and governance (ESG) scandals is now landing on the shoulders of financial auditors. With their reputations increasingly tied in with the companies that contract their work, auditors are now increasing their fees or leaving altogether in the wake of company misconduct
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