Earnouts: The Effects of Adverse Selection and Agency Costs on Acquisition Techniques

By S. Datar, Richard M. Frankel, Mark A. Wolfson. 2001

175 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/53099819ec8a2dde13d5887469b5d6e972b124ce

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Jung-Chin Shen
2. Jeffrey J. Reuer
3. Tony W. Tong
4. Shavin Malhotra
5. Mike W. Peng
6. Ajai S. Gaur
7. A. Ariño

In Economics and Econometrics

1. Jung-Chin Shen
2. Jeffrey J. Reuer

In Finance

1. Jeffrey J. Reuer

Citations in the corpus

• Adverse Selection in Acquisitions of Small Manufacturing Firms: A Comparison of Private and Public Targets (2005, background): “remedies such as alternative deal structures (Datar et al., 2001), other intermediaries such as venture capitalists (Amit, Brander, & Zott, 1998), or other members of bidders’ and targets’ networks (e.”
• Earnouts: A Study of Financial Contracting in Acquisition Agreements (2011, unknown): “” The prior earnouts literature [Kohers and Ang (2000); Datar et al. (2001)] considers the impact of asymmetric information about target firm value on whether bids include contingent payments.”