Targets’ earnings management and ownership decisions in M&A: Can less be more ?
Ver/ Abrir
Impacto
Scholar |
Otros documentos de la autoría: Perafán-Peña, Héctor Fabio; GILL DE ALBORNOZ NOGUER, BELEN; GIner, Begoña
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Targets’ earnings management and ownership decisions in M&A: Can less be more ?Fecha de publicación
2024Editor
ElsevierISSN
1544-6123Cita bibliográfica
PERAFÁN-PEÑA, Héctor Fabio; GILL-DE-ALBORNOZ NOGUER, Belén; GINER, Begoña. TARGETS’EARNINGS MANAGEMENT AND OWNERSHIP DECISIONS IN M&A: CAN LESS BE MORE?. Finance Research Letters, 2024, 105133.Tipo de documento
info:eu-repo/semantics/articleVersión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
In a sample of 1,097 European merger and acquisitions (M&A) deals, we find that the targets
exhibiting higher levels of accruals earnings management (AEM) relate to lower ownership stakes
offered by acquirers. Real ... [+]
In a sample of 1,097 European merger and acquisitions (M&A) deals, we find that the targets
exhibiting higher levels of accruals earnings management (AEM) relate to lower ownership stakes
offered by acquirers. Real earnings management (REM) measures do not relate to ownership
decisions. This research contributes to broadening our knowledge about accounting information’s
role in the intricacies of M&A negotiations. [-]
Publicado en
Finance Research Letters, 2024, 105133Entidad financiadora
Universitat Jaume I | Agencia Estatal de Investigación
Código del proyecto o subvención
UJI-B2020-26. | PID2019-111143GB-C33
Derechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- COFIN_Articles [218]