... Earnings management Controlling shareholders Expropriation Abnormal returns Minority shareholders Parent–subsidiary mergers Kothari et al. (2005) suggest adjusting discretionary accruals for performance effect as non-performance-adjusted discretionary accruals are too often biased...

...Mohamed Firas Thraya Purpose – The purpose of this paper is to examine the incentives of controlling shareholders in the market for corporate control. The author investigates the takeover premiums paid by a sample of European acquiring firms with voting rights structures that are highly...