Accounting earnings quality and merger & acquisition performance in South Africa
This paper examines the relationship between the quality of accountings earnings and long-run performance for South African acquirers in the context of market-to-book value classifications. Glamour acquirers show significant earnings momentum prior to acquisition; however this momentum is not sustai...
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Format: | Others |
Language: | en |
Published: |
2012
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Online Access: | http://hdl.handle.net/10539/11977 |