This paper empirically examines the post-merger performance of a sample of 1,320 European mergers and acquisitions … deals. Specifically, we investigate the impact of pre-merger earnings management of acquirers on both the short-term and … long-term post-merger performance, for M&A deals completed between 2003-2012, considering both the form of payment and the …

target firm's listing status. The empirical evidence documented in this study suggests that management teams engage in pre-merger …

Reporting Standards (IFRS) in the European Union (EU) and provides suggestions on how future research can add to our … between intended and unintended consequences of mandatory IFRS adoption. Empirical research on the intended consequences … to address it. The literature investigating unintended consequences of mandatory IFRS adoption is still in its infancy …

issues such as the nature of aggregate merger activity (merger waves), market valuation effects of merger announcements (the … stock price performance of bidder and target firms), and the nature of the sources of merger gains in the context of … for the CEO), governance spillovers from cross-border mergers (are there any?) and, finally, the returns to merger …

merger deals. An earn-out is payment for performance after the deal is sealed. The buyer and the seller contractually agree …

Double moral hazard problems are prevalent in merger remedies. We consider a holdup problem in which two merging … merger decision depends on the success of the transaction, the Competition Authority will clear the merger whenever the …