Earnings Management and Performance Around M & A: Chinese Evidence

摘要：

　　This paper empirically examines the earnings management activities of acquiring firms around M&A and the relationships between earnings management and post-merger performance.Unlike the prior studies, we find that acquiring firms manage earnings upwardly in the prior year of M&A and then have a poor post-merger performance.This underperformance is driven by upwardly pre-merger earnings management.The pre-merger earnings manipulation of control firms is different from that of sample firms.The postmerger earnings management is short of evidence.

关键词： Merger and Acquisition Earnings Management Performance Decline Accruals

作者: Weijie GE Ziqiao ZHANG Qiusheng ZHANG

作者单位: Department of Accounting,School of Economics and Management,Beijing Jiaotong Universiy Beijing,China

会议类型: 国内会议

会议名称: 第四届信息电子与计算机工程国际会议(The 4th International Conference on Information ,Electronic and Computer Science)

会议地点: 泰安

会议语种:英文

页码: 349-353

在线出版日期: 2012-11-24（万方平台首次上网日期，不代表论文的发表时间）