Targets’ earnings management and ownership decisions in M&A: Can less be more ?
![Thumbnail](/xmlui/bitstream/handle/10234/207266/89573.pdf.jpg?sequence=4&isAllowed=y)
Visualitza/
Impacte
![Google Scholar](/xmlui/themes/Mirage2/images/uji/logo_google.png)
![Microsoft Academico](/xmlui/themes/Mirage2/images/uji/logo_microsoft.png)
Metadades
Mostra el registre complet de l'elementcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadades
Títol
Targets’ earnings management and ownership decisions in M&A: Can less be more ?Data de publicació
2024Editor
ElsevierISSN
1544-6123Cita bibliogràfica
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.Tipus de document
info:eu-repo/semantics/articleVersió
info:eu-repo/semantics/publishedVersionParaules clau / Matèries
Resum
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. [-]
Publicat a
Finance Research Letters, 2024, 105133Entitat finançadora
Universitat Jaume I | Agencia Estatal de Investigación
Codi del projecte o subvenció
UJI-B2020-26. | PID2019-111143GB-C33
Drets d'accés
info:eu-repo/semantics/openAccess
Apareix a les col.leccions
- COFIN_Articles [218]