Don't have data on hand (it's not my field, I was discussing M&A with a finance type) but this looks like a potentially interesting take: http://www2.warwick.ac

Don't have data on hand (it's not my field, I was discussing M&A with a finance type) but this looks like a potentially interesting take: http://www2.warwick.ac.uk/fac/soc/wbs/subjects/accountinggroup/eventsandseminars/richard_taffler_paper.pdf http://www2.warwick.ac.uk/fac/soc/wbs/subjects/accountinggro...