The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior
This study aims to investigate the impact of shared auditors on the selection of M&A targets and analyze the moderating effects of the signing auditor’s gender and partner characteristics. In M&A transactions, shared audit firms or auditors are believed to contribute to information symmetry,...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2025-07-01
|
| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/21582440251347788 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1839627333722439680 |
|---|---|
| author | Lin Du |
| author_facet | Lin Du |
| author_sort | Lin Du |
| collection | DOAJ |
| description | This study aims to investigate the impact of shared auditors on the selection of M&A targets and analyze the moderating effects of the signing auditor’s gender and partner characteristics. In M&A transactions, shared audit firms or auditors are believed to contribute to information symmetry, which may influence the selection of target companies. However, there is a lack of systematic research on the specific role of shared auditors in M&A, particularly regarding the effects of their gender and partner characteristics. Based on data from Chinese listed companies between 2010 and 2020, this study uses a matched sample control group and the Probit regression model to evaluate the impact of shared auditors, their gender, and partner characteristics on M&A decisions. The findings reveal a positive effect of shared auditors on target selection in M&A. Specifically, female auditors demonstrate a significant positive moderating effect in M&A decisions, possibly due to their cautious approach and ability to build strong client relationships. In contrast, the background characteristics of partners have no significant impact on M&A decisions. Additionally, supplementary tests show that this relationship is not entirely dependent on macro-level monetary policies or economic policy uncertainty. The positive effect of shared auditors on target selection remains significant. This study provides empirical evidence for the role of shared auditors in M&A transactions, particularly highlighting the potential value of auditor gender. These findings offer important insights for both corporate M&A strategies and the consideration of gender diversity within the auditing profession. JEL Classification : M42. |
| format | Article |
| id | doaj-art-eade41b6c7934b3da34c07ef1f61b24a |
| institution | Matheson Library |
| issn | 2158-2440 |
| language | English |
| publishDate | 2025-07-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | SAGE Open |
| spelling | doaj-art-eade41b6c7934b3da34c07ef1f61b24a2025-07-16T13:03:33ZengSAGE PublishingSAGE Open2158-24402025-07-011510.1177/21582440251347788The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making BehaviorLin Du0Hebei University of Economics and Business, Shijiazhuang, ChinaThis study aims to investigate the impact of shared auditors on the selection of M&A targets and analyze the moderating effects of the signing auditor’s gender and partner characteristics. In M&A transactions, shared audit firms or auditors are believed to contribute to information symmetry, which may influence the selection of target companies. However, there is a lack of systematic research on the specific role of shared auditors in M&A, particularly regarding the effects of their gender and partner characteristics. Based on data from Chinese listed companies between 2010 and 2020, this study uses a matched sample control group and the Probit regression model to evaluate the impact of shared auditors, their gender, and partner characteristics on M&A decisions. The findings reveal a positive effect of shared auditors on target selection in M&A. Specifically, female auditors demonstrate a significant positive moderating effect in M&A decisions, possibly due to their cautious approach and ability to build strong client relationships. In contrast, the background characteristics of partners have no significant impact on M&A decisions. Additionally, supplementary tests show that this relationship is not entirely dependent on macro-level monetary policies or economic policy uncertainty. The positive effect of shared auditors on target selection remains significant. This study provides empirical evidence for the role of shared auditors in M&A transactions, particularly highlighting the potential value of auditor gender. These findings offer important insights for both corporate M&A strategies and the consideration of gender diversity within the auditing profession. JEL Classification : M42.https://doi.org/10.1177/21582440251347788 |
| spellingShingle | Lin Du The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior SAGE Open |
| title | The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior |
| title_full | The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior |
| title_fullStr | The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior |
| title_full_unstemmed | The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior |
| title_short | The Influence of Shared Auditor’s Gender and Partner Background on M&A Decision-Making Behavior |
| title_sort | influence of shared auditor s gender and partner background on m a decision making behavior |
| url | https://doi.org/10.1177/21582440251347788 |
| work_keys_str_mv | AT lindu theinfluenceofsharedauditorsgenderandpartnerbackgroundonmadecisionmakingbehavior AT lindu influenceofsharedauditorsgenderandpartnerbackgroundonmadecisionmakingbehavior |