EAN: 9783631527078

GOODWILL IMPAIRMENT - THORSTEN SELLHORN KARTONI...

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.

Aktuelle Preise zur EAN 9783631527078

Produktinformationen zur 9783631527078