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題名:Impacts of Earnings Management and Methods of Payment on the Performance of Acquiring Companies around Merger
書刊名:證券市場發展季刊
作者:林霖 引用關係楊聲勇 引用關係董澍琦 引用關係林芸誼
作者(外文):Lin, LinYang, Sheng-yungDoong, Shuh-chyiLin, Yun-yi
出版日期:2008
卷期:20:3=79
頁次:頁103-140
主題關鍵詞:現金及股票併購盈餘管理事件研究法超額報酬率Cash offerStock swapEarnings managementCumulative abnormal return
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(1) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:1
  • 共同引用共同引用:0
  • 點閱點閱:31
期刊論文
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4.Jagannathan, Ravi、Wang, Zhenyu。The Conditional CAPM and the Cross-section of Expected Returns。The Journal of Finance,51(1),3-53。  new window
5.Moon, Kenneth P.、Bathala, Chenchuramaiah T.、Rao, Ramesh P.(1994)。Managerial Ownership, Debt Policy, and the Impact of Institutional Holdings: An Agency Perspective。Financial Management,23(3),38-50。  new window
6.Sudarsanam, S.、Holl, P.、Salami, A.(1996)。Shareholder Wealth Gains in Mergers: Effect of Synergy and Ownership Structure。Journal of Business Finance and Accounting,23(5),673-698。  new window
7.Teoh, S. H., I. Welch, and T. J. Wong(1998)。Earnings Management and the Underperformance of Initial Public Offerings。Journal of Financial Economics,50,no.1,pp.63-99。  new window
8.Dechow, P. M.、Richardson, S. A.、Tuna, A. I.(2003)。Why are earnings kinky? An examination of the earnings management explanation。Review of Accounting Studies,8(2/3),355-384。  new window
9.Lewis, Craig M.、Rogalski, Richard J.、Seward, James K.(2003)。Industry Conditions, Growth Opportunities and Market Reactions to Convertible Debt Financing Decisions。Journal of Banking and Finance,27(1),153-181。  new window
10.Louis, Henock(2004)。Earnings Management and The Market Performance of Acquiring Firms。Journal of Financial Economics,74(1),121-148。  new window
11.BarNiv, R.、Hathorn, J.(1997)。The Merger or Insolvency Alternative in the Insurance Industry。The Journal of Risk and Insurance,64(1),89-113。  new window
12.McWilliams, Abigail、Siegel, Donald(1997)。Event studies in management research: theoretical and empirical issues。Academy of Management Journal,40(3),626-657。  new window
13.Jeter, D. C.、Shivakumar, L.(1999)。Cross-sectional Estimation of Abnormal Accruals Using Quarterly and Annual Data: Effectiveness in Detecting Event-specific Earnings Management。Accounting and Business Research,29(4),299-319。  new window
14.Kothari, S. P.、Warner, Jerold B.(1997)。Measuring long-horizon security price performance。Journal of Financial Economics,43(3),301-339。  new window
15.Schwert, G. William(1996)。Markup Pricing in Mergers and Acquisitions。Journal of Financial Economics,41(2),153-192。  new window
16.Travlos, Nickolaos G.(1987)。Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns。The Journal of Finance,42(4),943-963。  new window
17.Wald, J. K.(1999)。How Firm Characteristics Affect Capital Structure: An International Comparison。Journal of Financial Research,22(2),161-187。  new window
18.Erickson, M.、Wang, S. W.(1999)。Earnings Management by Acquiring Firms in Stock for Stock Mergers。Journal of Accounting and Economics,27(2),149-176。  new window
19.Houston, Joel、James, Christopher(1996)。Bank Information Monopolies and the Mix of Private and Public Debt Claims。The Journal of Finance,51(5),1863-1889。  new window
20.Peltier-Rivest, Dominic(1999)。The Determinants of Accounting Choices in Troubled Companies。Quarterly Journal of Business and Economics,38(4),28-44。  new window
21.Shivakumar, L.(2000)。Do Firms Mislead Investors by Overstating Earnings before Seasoned Equity Offerings?。Journal of Accounting and Economics,29,339-371。  new window
22.Petersen, M. A.、Rajan, R. G.(1994)。The benefits of lending relationships: Evidence from small business data。The Journal of Finance,49(1),3-38。  new window
23.Fama, Eugene F.、French, K. R.(1998)。Market Efficiency, Long-Term Returns, and Behavioral Finance。Journal of Financial Economics,49(3),283-306。  new window
24.Franks, Julian、Harris, Robert、Titman, Sheridan(1991)。The Postmerger Share-Price Performance of Acquiring Firms。Journal of Financial Economics,29(1),81-96。  new window
25.Gibbs, P. A.(1993)。Determinants of Corporate Restructuring: The Relative Importance of Corporate Governance, Takeover Threat, and Free Cash Flow。Strategic Management Journal,14,51-68。  new window
26.Rangan, Srinivasan(1998)。Earnings Management and the Performance of Seasoned Equity Offerings。Journal of Financial Economics,50(1),101-122。  new window
27.Hansen, Robert G.(1987)。A theory for the choice of exchange medium in mergers and acquisitions。Journal of Business,60(1),75-95。  new window
28.DuCharme, Larry L.、Malatesta, Paul H.、Sefcik, Stephan E.(2004)。Earnings management, stock issues, and shareholder lawsuits。Journal of Financial Economics,71(1),27-49。  new window
29.Roll, Richard(1986)。The Hubris Hypothesis of Corporate Takeovers。Journal of Business,59(2 Part 1),197-216。  new window
30.MacKinlay, A. Craig(1997)。Event Studies in Economics and Finance。Journal of Economic Literature,35(1),13-39。  new window
31.Bradley, M.、Desai, A.、Kim, E. H.(1988)。Synergistic Gains from Corporate Acquisitions and Their Division between the Stockholders of Target and Acquiring Firms。Journal of Financial Economics,21(1),3-40。  new window
32.Fama, Eugene F.、French, Kenneth R.(1996)。Multifactor Explanations of Asset Pricing Anomalies。Journal of Finance,51(1),55-84。  new window
33.Titman, Sheridan、Wessels, Roberto(1988)。The determinants of capital structure choice。The Journal of Finance,43(1),1-19。  new window
34.Teoh, Siew Hong、Welch, Ivo、Wong, Tak Jun(1998)。Earnings Management and the Long-run Market Performance of Initial Public Offerings。The Journal of Finance,53(6),1935-1974。  new window
35.Jones, Jennifer J.(1991)。Earnings Management during Import Relief Investigations。Journal of Accounting Research,29(2),193-228。  new window
36.Dechow, Patricia M.、Sloan, Richard G.、Sweeney, Amy P.(1995)。Detecting earnings management。The Accounting Review,70(2),193-225。  new window
37.Healy, Paul M.、Wahlen, James M.(1999)。A review of the earnings management literature and its implications for standard setting。Accounting Horizons,13(4),365-383。  new window
38.Carhart, Mark M.(1997)。On persistence in mutual fund performance。The Journal of Finance,52(1),57-82。  new window
39.Martin, Kenneth J.(1996)。The Method of Payment in Corporate Acquisitions, Investment Opportunities, and Management Ownership。The Journal of Finance,51(4),1227-1246。  new window
40.Jensen, Michael C.、Ruback, Richard S.(1983)。The market for corporate control: The scientific evidence。Journal of Financial Economics,11(1-4),5-50。  new window
41.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
42.DeAngelo, Harry、Masulis, Ronald W.(1980)。Optimal Capital Structure under Corporate and Personal Taxation。Journal of Financial Economics,8(1),3-29。  new window
43.Hovakimian, Armen、Opler, Tim、Titman, Sheridan(2001)。The debt-equity choice。Journal of Financial and Quantitative Analysis,36(1),1-24。  new window
44.DeAngelo, Harry、Skinner, Douglas J.、DeAngelo, Linda E.(1994)。Accounting choice in troubled companies。Journal of Accounting and Economics,17(1/2),113-143。  new window
45.Myers, Stewart C.、Majluf, Nicholas S.(1984)。Corporate Financing and Investment Decisions When Firms Have Information That Investor Do Not Have。Journal of Financial Economics,13(2),187-221。  new window
46.Fishman, Michael J.(1989)。Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions。Journal of Finance,44(1),41-58。  new window
47.Flanagan, D. J.、O'Shaughnessy, K. C.(2003)。Core-related Acquisitions, Multiple Bidders and Tender Offer Premiums。Journal of Business Research,56,573-585。  new window
48.Byrd, D. T.、Mizruchi, M. S.(2005)。Bankers on the Board and Debt Ratio of Firms。Journal of Corporate Finance,11(1),129-173。  new window
49.Gregory, A.、McCorriston, S.(2005)。Foreign Acquisitions by UK Limited Companies: Short- and Long-run Performance。Journal of Empirical Finance,12(1),99-125。  new window
50.Wansley, J. W.、Lane, W. R.、Yang, H. C.(1983)。Abnormal Returns to Acquiring Firms by Type of Acquisition and Method of Payment。Financial Management,12(3),16-22。  new window
51.Datta, D.、Narayanan, V.、Pinches, G.(1992)。Factors Influencing Wealth Creation from Mergers and Acquisition: A Meta Analysis。Strategic Management Journal,13(1),67-84。  new window
52.Brush, Thomas H.(1996)。Predicted Change in Operational Synergy and Post-acquisition Performance of Acquired Businesses。Strategic Management Journal,17(1),1-24。  new window
53.Holl, Peter、Kyriazis, Dimitris(1997)。Wealth Creation and Bid Resistance in U.K. Takeover Bids。Strategic Management Journal,18(6),483-498。  new window
54.Strong, N.(1992)。Modelling Abnormal rReturns: A Review Article。Journal of Business Finance,19(4),533-553。  new window
55.Gregory, A.(1997)。An Examination of the Long Run Performance of UK Acquiring Firms。Journal of Business Finance,24(7),971-1002。  new window
56.Collett, N. J.(2006)。Discussion of Board Share Ownership and Takeover Performance。Journal of Business Finance Accounting,33(3),511-516。  new window
57.Livne, G.(2007)。Discussion of Divergence of Opinion and Post Acquisition Performance。Journal of Business Finance & Accounting,34(3),461-466。  new window
58.Stearns, L. B.、Mizruchi, M. S.(1993)。Board Composition and Corporate Financing: The Impact of Financial Institution Representation on Borrowing。The Academy of Management Journal,36(3),603-618。  new window
59.Halpern, P.(1983)。Corporate Acquisitions: A Theory of Special Cases? A Review of Event Studies Applied to Acquisitions。Journal of Finance,38(2),297-317。  new window
60.Shafer, W. E.(2002)。Effects of Materiality, Risk and Ethical Perceptions on Faudulent Reporting by Financial Executives。Journal of Business Ethics,38(3),241-260。  new window
61.Chou, D. W.、Gombola, M.、Liu, F. Y.(2006)。Earnings Management and Stock Performance of Reverse Leveraged Buyouts。Journal of Financial and Quantitative Analysis,41(2),407-438。  new window
62.Lin, L.、Piesse, J.(2003)。Financial Risk Assessment in Takeover: The Effect of Bidder Firm Shareholders' Wealth。International Journal of Risk Assessment and Management,4,332-347。  new window
63.Diamond, D.(1993)。Seniority and the Maturity of Debt Contracts。Journal of Financial Economics,33,341-368。  new window
64.Slusky, A. R.、Caves, R. E.(1991)。Synergy, Agency and the Determinants of Premia Paid in Mergers。Journal of Industrial Economics,39,277-296。  new window
圖書
1.Schilit, H. M.(2002)。Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports。Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports。New York, NY。  new window
 
 
 
 
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