Les Determinants De La Gestion Des Resultats Lors Des Fusions: Etude Des Societes Absorbantes Initiatrices Et Cibles
Abstract: this study aims to identify earnings management determinants of acquiring firms prior to French mergers. Especially, it provides evidence of the contextual factors' crucial influence on managers' discretionary accounting choices, beyond contractual and governance factors generally assumed by the literature. Moreover, it reveals accounting behaviours that substantially differ according to the deal initiative. Finally, by highlighting the potential combination of manipulation instruments to influence the exchange ratio, this study contributes to shed new light on managers' accounting strategies prior to mergers and acquisitions.
|Date of creation:||10 May 2010|
|Publication status:||Published in Crises et nouvelles problématiques de la Valeur, May 2010, Nice, France. pp.CD-ROM, 2010|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00479535|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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