Περίληψη:
Organizations have encountered rapid changes in economic complexity, expanded
regulatory requirements, and technological advancements in recent years. These changes have
given the internal audit function a set of expanded opportunities to support management and
provide services to other organizational functions (Hass and Burnaby, 2006). Simultaneously,
recently numerous mergers have been realized. While academics and practitioners have long
discussed both internal audit and bank M&As, the relationship between internal audit and
M&As continues to be an elusive concept. For this reason, this study aims to provide some
insight on the contribution of internal audit to effective M&As procedure. The empirical results
affirm the importance of internal audit on bank’s acquisitions activity.