M&amp;A Due Diligence: Consideration of Fraudulent Financial Statements

McGee, Jo Ann; Byington, J. Ralph

doi:10.1002/jcaf.22117

Cited by 3 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Workplace bullying has various negative effects on organizations and organizational members. Negative effects of workplace bullying on organizations include increased costs due to high rate of absenteeism, sick leave, payouts, counseling and rehiring (Speedy, 2006), increased costs of recruitment, selection, retaining, and retraining employees (Bartlett & Bartlett, 2011), deterioration of healthy workplace environment (Schutte & Loi, 2014), increased hiring costs (Einarsen & Nielsen, 2015), non-achievement of organizational goals (Beach, 2007), increased training costs (Foster & Scott, 2015), increased employee turnover and increased legal costs (McGee, 2016), and decreased productivity (Kwan, Tuckey, & Dollard, 2016).…”

Section: Workplace Bullyingmentioning

confidence: 99%

Investigating Personality Traits as the Antecedents of Workplace Bullying

Munir¹,

Ali²,

Haider³

2021

IRMBR

View full text Add to dashboard Cite

There is an ample body of knowledge showing significant association between five factor model (FFM) of personality traits and workplace bullying, yet exploring cause-and-effect relationship between them is still under addressed. To address this issue, current study has analyzed personality traits of Five-Factor Model as a potential antecedent of workplace bullying and its three sub-facets (verbal bullying, social bullying and physical bullying). Study analyzed responses of 266 respondents to draw inferences. Simple random sampling technique was used to collect data from the respondents. Correlation analysis showed a positive association of extraversion with physical bullying; negative association of agreeableness with workplace bullying, verbal bullying, social bullying and physical bullying; negative association of conscientiousness with workplace bullying, verbal bullying, social bullying and physical bullying; and negative association of emotional stability with physical bullying. Results of regression analysis showed significant effect of agreeableness, conscientiousness and openness to experiences on workplace bullying, verbal bullying, social bullying and physical bullying. Current study has identified personality as an important predictor of workplace bullying through which organizations may control incidence of bullying at their workplace environments. Current study also has highlighted important insights for future research directions. Keywords: Five Factor Model (FFM), Personality Traits, Workplace Bullying, Physical Bullying, Verbal Bullying, Social Bullying.

show abstract

Section: Workplace Bullyingmentioning

confidence: 99%

Investigating Personality Traits as the Antecedents of Workplace Bullying

Munir¹,

Ali²,

Haider³

2021

IRMBR

View full text Add to dashboard Cite

show abstract

“…More importantly, managers should evaluate risks associated with high-valuation deals with unrelated diversification motive (Studer and Thomas, 2016), for example, Google-Motorola and Microsoft-Nokia. Several scholars argue that superior valuation process and due diligence of target resources help bidding managers to estimate the better bargaining price, design a good deal structure and overcome any regulatory procedures (McGee and Byington, 2016; Pereiro, 2016). Last but not least, as home and host country’ regulatory environments affect the likelihood of cross-border acquisitions completion, policy-makers are suggested to establish the transparent merger completion process, to avoid any undue delay in approving merger and investment proposal applications.…”

Section: Discussionmentioning

confidence: 99%

The international market for corporate control and high-valuation cross-border acquisitions

Liang

Xie

Redding

2017

IJLMA

View full text Add to dashboard Cite

Purpose Nested within the industrial organization and corporate finance literature, this paper aims to analyze the market for cross-border mergers and acquisitions (M&A) in the world economy, developed economies, developing economies and transition economies. As multinational companies hold a large proportion of cash reserves and expand into diverse geographic markets, the paper aims to examine market patterns of high-valuation cross-border acquisition transactions. Specifically, it proposes a framework explaining the influential factors, motives and effects of high-valuation transactions by discussing some case evidences. Design/methodology/approach Drawing upon inductive and deductive logic, the paper discusses market trends and market patterns of cross-border M&A transactions by triangulating archival data analyses and accessible M&A literature. Some case examples are derived from news archive and official source sites. Regarding sample period, it considers the past two decades 1994-2013 to show market trends in various institutional settings and the past decade 2004-2013 to present market patterns of 62 high-valuation cross-border deals. Findings The transaction analysis indicates four cycles in the market trend, namely, growing period (1994-2000); declining, but promising period (2001-2006); financial crisis period (2007-2008); and recovering, but reversing period (2009-2013). A number of acquisitions undertaken by firms from emerging economies around the 2007-2008 global financial crisis have exemplified geographic (product) diversification as a primary motive of firm’s global strategy. In particular, a large proportion of sample high-valuation deals are spotted in developed economies such as the USA and the UK. In case of industry pattern, a good number of high-valuation deals are noticed in banking and finance, telecommunications and oil and gas sector. Originality/value Although several scholars have examined cross-border acquisitions in economics, corporate finance, strategy and international business literature, there is hardly any study that analyzes high-profile cross-border M&A deals. An exclusive market analysis of high-valuation international deals is important for several reasons. This paper fills this knowledge gap by showing both market trends and market patterns of cross-border M&A transactions. Importantly, to date, this paper is the first to propose a framework explaining the influential factors, motives and effects of high-valuation M&A transactions.

show abstract