Perafán-Peña, Héctor Fabio; GILL DE ALBORNOZ NOGUER, BELEN; GIner, Begoña Elsevier (2024)
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 ...