dc.contributor.author | Strøm, R. Øystein | |
dc.contributor.author | Larsen, Lena | |
dc.contributor.author | Nygaard, Therese Karoline | |
dc.date.accessioned | 2023-06-28T06:22:23Z | |
dc.date.available | 2023-06-28T06:22:23Z | |
dc.date.created | 2023-01-17T22:43:41Z | |
dc.date.issued | 2022 | |
dc.identifier.citation | Journal of Insurance and Financial Management. 2022, 5 (4), 30-57. | en_US |
dc.identifier.issn | 2371-2112 | |
dc.identifier.uri | https://hdl.handle.net/11250/3073849 | |
dc.description.abstract | Are abnormal returns in bidder and target companies higher in a takeover when auditor is shared? We find that abnormal returns are higher in bidder companies but weaker in target companies with a shared auditor compared to companies without both on announcement day and days before. The rationale is that a shared auditor contributes to better informed valuation. We obtain a sample of 202 mergers and acquisitions completed in Norway between 2005 and 2017. We use an event study methodology to uncover abnormal returns around the announcement period. | en_US |
dc.language.iso | eng | en_US |
dc.rights | Navngivelse 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/deed.no | * |
dc.title | Bidder Gains in Takeovers with Shared Auditor | en_US |
dc.type | Peer reviewed | en_US |
dc.type | Journal article | en_US |
dc.description.version | publishedVersion | en_US |
cristin.ispublished | true | |
cristin.fulltext | original | |
dc.identifier.cristin | 2108973 | |
dc.source.journal | Journal of Insurance and Financial Management | en_US |
dc.source.volume | 5 | en_US |
dc.source.issue | 4 | en_US |
dc.source.pagenumber | 30-57 | en_US |