Target’s Earnings Purity and M&A Premium: Evidence From China
This study introduces the concept of earnings purity, a novel construct in corporate finance, and investigates its impact on M&A premiums in China. Based on a multi-dimensional fixed-effects panel regression model, we find that higher earnings purity significantly increases M&A premiums by e...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2025-08-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/21582440251367185 |
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