Differential Market Reaction to Pooling and Purchase Methods.
Purchase Methods of Accounting for an Acquisition (Test-Statistic in Parentheses) Interval CAR of CAR of Test for Acquisitions Acquisitions Difference Using the Pooling Using the Method (a) Purchase Method (b) [-5,+5] -1.
In other words, purchase firms tend to exhibit higher leverage than pooling firms, lending further support to Crawford's (1986) notion that firms using the purchase method may have debt covenants based on net assets or intangibles rather than on income.
Exhibit 3 includes a comparison of depreciation and amortization for the pooling and purchase methods for 1999.
The study of business combination methods resulted in a Position Paper that communicated the groups' recommendation that all business combinations should be accounted for by the purchase method.
Moviso's a la carte and subscription options give consumers flexible purchase methods
and transparent billing.
Purchase Methods of Accounting for an Acquisition (Test-Statistic in Parentheses) Interval CAR of Acquisitions CAR of Acquisitions Using the Using the Pooling Method (a) Purchase Method (b) [-5,+5] -1.
It is important to note that this variable directly accomplishes the purpose of testing the null hypothesis (H0) as the relatively low future earnings of firms using the purchase method are the primary reason for expecting higher abnormal returns for firms using the pooling method.
BlackHawk accepts Government Purchase Cards, Purchase Orders, Blanket Purchase Agreements, MILSTRIP/FEDSTRIP payment, and other purchase methods
Developing markets, such as tire tracking and alternative point of sale purchase methods
, continue to drive RFID innovation and deployment across a variety of markets and applications.
Clear not only avoids the potential interest and late fees associated with some purchase methods
, but it also saves time as there are no bills to pay or checks to write.
Customers will have a choice of two purchase methods
, a standard license agreement through which all the documents are warranted by VMP to be in compliance with the latest regulatory standards, or a one-time document purchase.