Empirical goodwill research: Insights, issues, and implications for standard setting and future research
A Amel-Zadeh, M Glaum, T Sellhorn - European Accounting …, 2023 - Taylor & Francis
This paper reviews the empirical literature on the determinants and decision usefulness of
goodwill reporting. We structure our discussion around five guiding questions that reflect …
goodwill reporting. We structure our discussion around five guiding questions that reflect …
The effect of mandatory IFRS adoption on conditional conservatism in Europe
We study the effect of mandatory adoption of International Financial Reporting Standards
(IFRS) in Europe in 2005 on conditional conservatism. We capture conditional conservatism …
(IFRS) in Europe in 2005 on conditional conservatism. We capture conditional conservatism …
Using real activities to avoid goodwill impairment losses: Evidence and effect on future performance
We examine whether managers postpone the recognition of goodwill impairment by
manipulating cash flows and the consequences of such a strategy on future performance …
manipulating cash flows and the consequences of such a strategy on future performance …
[PDF][PDF] An intangible-adjusted book-to-market ratio still predicts stock returns
H Park - Critical Finance Review, 2019 - cfr.ivo-welch.info
The book-to-market ratio has been widely used to explain the cross-sectional variation in
stock returns, but the explanatory power is weaker in recent decades than in the 1970s. I …
stock returns, but the explanatory power is weaker in recent decades than in the 1970s. I …
Managerial discretion to delay the recognition of goodwill impairment: The role of enforcement
Abstract Under International Financial Reporting Standards, managers can use two
approaches to increase the estimated fair value of goodwill in order to justify not recognizing …
approaches to increase the estimated fair value of goodwill in order to justify not recognizing …
Debiasing the measurement of conditional conservatism
ABSTRACT Basu's [“The Conservatism Principle and the Asymmetric Timeliness of
Earnings.” Journal of Accounting and Economics 24 (1997): 3–37] measurement of …
Earnings.” Journal of Accounting and Economics 24 (1997): 3–37] measurement of …
Intangible assets and the book‐to‐market effect
H Park - European Financial Management, 2019 - Wiley Online Library
The book‐to‐market effect is well known but prior research does not analyze the impact of
goodwill and related transformations in accounting rules that may bring significant changes …
goodwill and related transformations in accounting rules that may bring significant changes …
Warrants in the financial management decisions of innovative firms
H Park - Journal of Futures Markets, 2022 - Wiley Online Library
Intangible investments such as R&D are expensed rather than capitalized due to accounting
conservatism. Thus, firms with mostly intangible assets are subject to more constraints in …
conservatism. Thus, firms with mostly intangible assets are subject to more constraints in …
Goodwill impairment after M&A: acquisition-level evidence
To provide a fuller picture of compliance with ASC 350-20, we hand-collect data to track 893
large acquisitions across time. Our model, which links impairments to post-acquisition …
large acquisitions across time. Our model, which links impairments to post-acquisition …
Reflections on M&A accounting from AOL's acquisition of Time Warner
PM Healy - Accounting and Business Research, 2016 - Taylor & Francis
In early 2000, AOL announced the acquisition of Time Warner for 162billion.Theacquisition,
oneofthelargestinhistory,generated 127 billion of goodwill. Yet after only a few years, the …
oneofthelargestinhistory,generated 127 billion of goodwill. Yet after only a few years, the …