Stock-for-stock mergers : earnings management and the pooling-purchase choice. Do investors care?
We investigate whether there is a relationship between the level of aggression of an acquiring firm in managing earnings prior to the completion of a stock-for-stock merger and its choice of accounting method for the merger. Market reaction to the combination of earnings management and accounting me...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/8413 |
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| Institution: | Nanyang Technological University |
| Summary: | We investigate whether there is a relationship between the level of aggression of an acquiring firm in managing earnings prior to the completion of a stock-for-stock merger and its choice of accounting method for the merger. Market reaction to the combination of earnings management and accounting method choice is also investigated. |
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