Sun, Li; Zhang, Joseph H. - In: International Journal of Accounting & Information Management 25 (2017) 1, pp. 2-20
Purpose The purpose of this study is to examine the impact of goodwill impairment losses on bond credit ratings. Design …/methodology/approach The authors use regression analysis to examine the relationship between goodwill impairment losses and bond credit ratings …. Findings The empirical results show a negative relationship between the amount of goodwill impairment losses and bond credit …