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Stock prices and earnings management around M&A transactions
16 references·0 citing·34 second hop
Stock prices and earnings management around M&A transactions (2020)Stock prices and earnings management arou…What Do Returns to Acquiring Firms Tell Us? Evidence from Firms That Make Many Acquisitions (2002)What Do Returns to Acquiring …The rewards to meeting or beating earnings expectations (2002)The rewards to meeting or bea…Performance Matched Discretionary Accrual Measures (2001)Performance Matched Discretio…New Evidence and Perspectives on Mergers (2001)New Evidence and Perspectives…Earnings Management to Exceed Thresholds (1999)Earnings Management to Exceed…The impact of industry shocks on takeover and restructuring activity (1996)The impact of industry shocks…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Do Stock Prices Fully Reflect…The New Issues Puzzle (1995)The New Issues PuzzleThe information content of losses (1995)The information content of lo…Detecting Earnings Management. (1995)Detecting Earnings Management.The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly (1992)The Post-Merger Performance o…Earnings Management During Import Relief Investigations (1991)Earnings Management During Im…Evidence that stock prices do not fully reflect the implications of current earnings for future earnings (1990)Evidence that stock prices do…Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns (1987)Corporate Takeover Bids, Meth…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Prospect theory: An analysis of decision under risk (1988)Earnings management to avoid earnings decreases and losses (1997)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Editor's Choice Digesting Anomalies: An Investment ApproachRisk, Return, and Equilibrium: Empirical Tests (1973)Mean reversion in stock prices (1988)Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Investor Psychology and Asset Pricing (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Using daily stock returns (1985)Efficient Capital Markets: II (1991)The Behavior of Stock-Market Prices (1965)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)The relationship between return and market value of common stocks (1981)The Cross-Section of Expected Stock Returns (1992)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)A five-factor asset pricing model (2014)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Common risk factors in the returns on stocks and bonds (1993)Stock market driven acquisitions (2003)Firm size and the gains from acquisitions (2004)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)The economic implications of corporate financial reporting (2005)The market pricing of accruals quality (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)The conservatism principle and the asymmetric timeliness of earnings1 (1997)
this work references cited by second hop

References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1991Earnings Management During Import Relief Investigations8,369 cited
  • 1995Detecting Earnings Management.6,532 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1995The New Issues Puzzle3,550 cited
  • 2001New Evidence and Perspectives on Mergers2,803 cited
  • 1999Earnings Management to Exceed Thresholds2,764 cited
  • 1996Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?2,636 cited
  • 1995The information content of losses2,315 cited
  • 1990Evidence that stock prices do not fully reflect the implications of current earnings for future earnings2,010 cited
  • 2002What Do Returns to Acquiring Firms Tell Us? Evidence from Firms That Make Many Acquisitions1,743 cited
  • 2002The rewards to meeting or beating earnings expectations1,706 cited
  • 1996The impact of industry shocks on takeover and restructuring activity1,512 cited
  • 2001Performance Matched Discretionary Accrual Measures1,420 cited
  • 1987Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns1,408 cited

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  • 1992The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly1,199 cited
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