The role of institutional environments in cross-border mergers : a perspective from bidders’ earnings management behavior

• المؤلفون الرئيسيون: Baik, Bok, Cho, Kwanghee, Choi, Wooseok, Kang, Jun-Koo
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2015
• الموضوعات: DRNTU::Business::Management; Cross-border Mergers; Bidders
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/93699; http://hdl.handle.net/10220/38367

This study examines the effects of targets’ institutional environments on bidders’ earning management behavior around cross-border mergers. Earnings management is a widely used strategy for the bidder to reduce the risk of overpayment and the related costs in mergers. We hypothesize that the extent...