We examine the impact of listing via a reverse merger (RM) on audit fees, which can serve as an indicator of a firm …

merger. The microstructure of the audit industry provides further insights—Non-Big4 audit firms reduce fees after the merger …

after small audit firm merger events. Specifically, we find that PCAOB-identified audit deficiencies and the absolute value … primarily among the new clients obtained through the merger, as well as when the acquiring firm is growing rapidly, suggesting a …

to mergers broadly, and to study several audit market dynamics. Unlike most merger settings that primarily allow … that the number of clients switching to the acquiring auditor increases following the merger, however we find that this is … evidence that the merger generates a sustained gain in market share or significant increase in aggregate fees. Our study is …

Listed companies commonly appoint their incumbent annual auditors to audit a target company during a merger and …