The effect of target-firm accounting quality on valuation in acquisitions

By Maureen F. McNichols, Stephen R. Stubben. Review of accounting studies, 2014

187 citations recorded by the source corpus.

Citations in the corpus

Financial Statement Comparability and the Efficiency of Acquisition Decisions (2018, unknown): “Extant empirical studies (e.g., Biddle and Hilary, 2006; McNichols and Stubben, 2008; Biddle et al., 2009; Francis and Martin, 2010; Bushman et al., 2011; Kravet, 2012; McNichols and Stubben, 2012) provide evidence that attributes of accounting information affect the efficient allocation of capital.”
Target’s earnings quality and bidders’ takeover decisions (2013, unknown): “2 Contemporaneous papers examine the role of targets’ earnings quality on bidders’ announcement returns (McNichols and Stubben 2012) and on acquisition outcomes (Marquardt and Zur 2010).”
Common Auditors in M&A Transactions (2016, unknown): “In particular, extant research indicates that uncertainty negatively affects acquirer announcement returns and post-acquisition performance (McNichols and Stubben, 2014; Erickson et al., 2012) and that having more firm-specific target information helps improve acquirer returns and the expected…”
Corporate investment and changes in GAAP (2016, unknown): “2009) and by providing more information to managers and reducing uncertainty (McNichols and Stubben 2008; Badertscher et al. 2013; McNichols and Stubben 2014).”