The Impact of Family Firm Accounting Conservatism on Mergers and Acquisitions: A Literature Review
Abstract
As an important pillar of private enterprises, family businesses tend to be more risk-averse when making merger and acquisition decisions. Accounting conservatism, as an important criterion for the quality of accounting information, pays more attention to the timely confirmation of ‘bad news’. This paper systematically sorts out the relevant literature from the two aspects of the mergers and acquisitions of family businesses and business accounting conservatism, and analyzes the impact of accounting conservatism on the mergers and acquisitions of family businesses.
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DOI: http://dx.doi.org/10.18686/fm.v7i6.7666
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