Continuing challenges in accounting for M&A

This final chapter highlights some continuing challenges posed by M&A accounting for executives, investors and their advisers, standard-setters, and academics. We do not summarise the book – chapter abstracts have given the different contributors’ explanations of their work. This chapter just gives the editors’ perspective. It focuses on stewardship failures, earnings management opportunities, the intangibles anomaly, and fickle and pliable share prices.