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Goodwill Impairment

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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.

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Detail Information

Series Title

-

Call Number

650

Publisher

: ., 2018

Collation

-

Language

English

ISBN/ISSN

9783631527078

Classification

650

Content Type

-

Media Type

computer

Carrier Type

online resource

Edition

-

Subject(s)

Business & Economics

Specific Detail Info

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Statement of Responsibility

Thorsten Sellhorn

Other Information

Cataloger

rat

Source

https://openresearchlibrary.org/content/7f617d61-f240-44b9-8102-5fc6e2cb0219

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