Fair Value of Earnouts: Valuation Uncertainty or Managerial Opportunism?
Fair Value of Earnouts: Valuation Uncertainty or Managerial Opportunism?
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Publisher
Sarasota: American Accounting Association
Journal title
Language
English
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Publisher
Sarasota: American Accounting Association
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Scope and Contents
Contents
This study investigates the economic consequences of the IFRS 3 (2008) requirement for fair valuing earnouts. Using a hand-collected sample of earnout fair value estimates in acquisitions completed by Australian firms, we find that a significant portion of acquirers overstate initial earnout liabilities and strategically reverse them as operating g...
Alternative Titles
Full title
Fair Value of Earnouts: Valuation Uncertainty or Managerial Opportunism?
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_proquest_journals_3068460833
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_3068460833
Other Identifiers
ISSN
0001-4826
E-ISSN
1558-7967
DOI
10.2308/TAR-2021-0613
