We examine the relation between firms’ prior acquisition experience and subsequent acquisition performance. Based on our sample firms’ complete acquisition histories, we find that acquirers with prior experience in the target industry perform better in subsequent diversifying acquisitions,...

Purpose: This study explores the relation among U.S. audit partners’ characteristics, their career advancement, and audit quality.Design/methodology/approach: This study uses data from PCAOB Form AP and publicly available online data sources. The hand-collected data on audit partners’...