UID:
almahu_9948168561902882
Format:
1 online resource
Edition:
1st, New ed.
ISBN:
9783631754986
Series Statement:
Bochumer Beiträge zur Unternehmensführung 70
Content:
In 2001, goodwill amortization in the US was eliminated in favor of an impairment-only approach, which, according to critics, gives managers vast discretion and opportunities for earnings management. Prior research suggests that discretionary asset write-offs are associated with economic factors and managers’ financial reporting objectives. Based on a systematic literature review, this study investigates for a comprehensive sample of US firms the determinants of goodwill write-off behavior. Regression analysis shows that write-off behavior is significantly explained by firms’ economic properties. Only in large, high-profile firms, incentives appear to be significant determinants. These findings suggest that the impairment-only approach does capture goodwill impairment at least to some extent.
Note:
Doctoral Thesis
,
Contents: The goodwill debate – Empirical research on discretionary asset write-offs – Discretionary properties of the impairment-only approach – Empirical investigation of write-off determinants.
Additional Edition:
ISBN 9783631527078
Language:
English
URL:
https://www.peterlang.com/view/product/56730?format=EPDF
