Effect of Firms' Acquisition Strategy on Earnings Management
This study examines whether target firms manage their earnings upward in the period leading to their acquisition or not, using data on a sample of 46 firms listed in Tehran Stock Exchange for the period 1382-87. In this study, discretionary accruals were used as the proxy for earnings management, an...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Shahid Bahonar University of Kerman
2011-09-01
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| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_14_9002d11171dbaa0311ef2c01b9cdb023.pdf |
| _version_ | 1819002024420704256 |
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| author | Ghasem Blue Akram Anabestani |
| author_facet | Ghasem Blue Akram Anabestani |
| author_sort | Ghasem Blue |
| collection | DOAJ |
| description | This study examines whether target firms manage their earnings upward in the period leading to their acquisition or not, using data on a sample of 46 firms listed in Tehran Stock Exchange for the period 1382-87. In this study, discretionary accruals were used as the proxy for earnings management, and we utilized the modified Jones model under balance sheet and cash flow approaches with some modifications to the balance sheet approach. The results show that there was no significant difference between discretionary accruals of target firms for the periods before and after acquisition, nor between discretionary accruals of target firms in the period before acquisition and those of firms in control group. |
| first_indexed | 2024-12-20T22:58:32Z |
| format | Article |
| id | doaj.art-2ff0c8e6b33a4ad49ebcac3c0e3e3289 |
| institution | Directory Open Access Journal |
| issn | 2008-8914 2476-292X |
| language | fas |
| last_indexed | 2024-12-20T22:58:32Z |
| publishDate | 2011-09-01 |
| publisher | Shahid Bahonar University of Kerman |
| record_format | Article |
| series | مجله دانش حسابداری |
| spelling | doaj.art-2ff0c8e6b33a4ad49ebcac3c0e3e32892022-12-21T19:24:03ZfasShahid Bahonar University of Kermanمجله دانش حسابداری2008-89142476-292X2011-09-01279912010.22103/jak.2011.1414Effect of Firms' Acquisition Strategy on Earnings ManagementGhasem Blue0Akram Anabestani1استادیار گروه حسابداری دانشگاه علامه طباطباییکارشناس ارشد حسابداریThis study examines whether target firms manage their earnings upward in the period leading to their acquisition or not, using data on a sample of 46 firms listed in Tehran Stock Exchange for the period 1382-87. In this study, discretionary accruals were used as the proxy for earnings management, and we utilized the modified Jones model under balance sheet and cash flow approaches with some modifications to the balance sheet approach. The results show that there was no significant difference between discretionary accruals of target firms for the periods before and after acquisition, nor between discretionary accruals of target firms in the period before acquisition and those of firms in control group.https://jak.uk.ac.ir/article_14_9002d11171dbaa0311ef2c01b9cdb023.pdfearnings managementdiscretionary accrualsthe modified jones modelacquisitions and mergershostile and friendly takeoverscash-based and stock-based takeovers |
| spellingShingle | Ghasem Blue Akram Anabestani Effect of Firms' Acquisition Strategy on Earnings Management مجله دانش حسابداری earnings management discretionary accruals the modified jones model acquisitions and mergers hostile and friendly takeovers cash-based and stock-based takeovers |
| title | Effect of Firms' Acquisition Strategy on Earnings Management |
| title_full | Effect of Firms' Acquisition Strategy on Earnings Management |
| title_fullStr | Effect of Firms' Acquisition Strategy on Earnings Management |
| title_full_unstemmed | Effect of Firms' Acquisition Strategy on Earnings Management |
| title_short | Effect of Firms' Acquisition Strategy on Earnings Management |
| title_sort | effect of firms acquisition strategy on earnings management |
| topic | earnings management discretionary accruals the modified jones model acquisitions and mergers hostile and friendly takeovers cash-based and stock-based takeovers |
| url | https://jak.uk.ac.ir/article_14_9002d11171dbaa0311ef2c01b9cdb023.pdf |
| work_keys_str_mv | AT ghasemblue effectoffirmsacquisitionstrategyonearningsmanagement AT akramanabestani effectoffirmsacquisitionstrategyonearningsmanagement |