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Les Determinants De La Gestion Des Resultats Lors Des Fusions: Etude Des Societes Absorbantes Initiatrices Et Cibles

Author

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  • Jennifer Boutant

    (IAE - Institut d'Administration des Entreprises - Toulouse)

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.

Suggested Citation

  • Jennifer Boutant, 2010. "Les Determinants De La Gestion Des Resultats Lors Des Fusions: Etude Des Societes Absorbantes Initiatrices Et Cibles," Post-Print hal-00479535, HAL.
    • Handle: RePEc:hal:journl:hal-00479535
    Note: View the original document on HAL open archive server: https://hal.science/hal-00479535
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    References listed on IDEAS

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