SoleCRISTransition linkFrontpageTransition linkInstructionsTransition linkLogin Bank of Finland

A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
This is the view page of publication. On this page you can view basic information of publication or go back on previous page using back-action on the bottom of the page. If you want to move to edit the information of publication, use the actions on the bottom of the page or continue using the system from menu.

The role of auditors in merger and acquisition completion time, International Journal of Auditing 3 (2018). Chahine, Salim; Hasan, Iftekhar; Mazboudi, Mohamad

Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Chahine, Salim; Hasan, Iftekhar; Mazboudi, Mohamad 
Number of authors
Status Published
Year of publication 2018 
Date 15.11.2018 
Name of article The role of auditors in merger and acquisition completion time 
Name of journal International Journal of Auditing
Volume of issue 22 
Number of issue
Pages 568-582 
Abstract Using a sample of 664 merger and acquisition (M&A) transactions and office‐level audit data, this study investigates the role of auditors in M&A completion time. We find that having a common auditor for both acquirer and target firms in M&A transactions increases the completion time of such transactions because the exposure to higher litigation and reputational costs outweighs the information‐access advantage of common auditors. However, auditors' past experience in M&A transactions helps reduce completion time and costs. These results are robust to having Big N auditors at both ends as well as to various acquirer, target, and deal characteristics.
Free text descriptor in Finnish yritykset; tilintarkastajat; fuusiot; yrityskaupat; M&A; läpimenoaika 
Free text descriptor in English auditors, auditor experience, common auditors, completion time, mergers & acquisitions 
ISSN / e-ISSN 1099-1123 
auki Internet addresses
Additional information First published: 21 October 2018