Publication Date:
2022-05-13
Description:
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.
Keywords:
Bilanzpolitik
;
Empirical
;
Firmenwert
;
Generally Accepted Accounting Principles
;
Geschäftswert
;
Goodwill
;
Goodwill
;
Impairment
;
Impairment
;
Investigation
;
Offs
;
Sellhorn
;
SFAS
;
under
;
USA
;
US-GAAP
;
Wertberichtigung
;
Write
;
bic Book Industry Communication::K Economics, finance, business & management::KF Finance & accounting::KFC Accounting::KFCX Accounting: study & revision guides
;
bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques::KJMV Management of specific areas::KJMV1 Budgeting & financial management
Language:
English
Format:
image/jpeg
Format:
image/jpeg
Format:
image/jpeg
Format:
image/jpeg
