Xu, Liping; Guan, Yueqin; Fu, Zhihong; Yu, Xin - In: China Journal of Accounting Research 13 (2020) 1, pp. 57-77
This study investigates the peer effect in the initial recognition of goodwill. We find that firms imitate their peers … in the initial recognition of goodwill. The higher the tendency for imitation, the higher the proportion of goodwill … recognized. Imitation behavior in the initial recognition of goodwill cannot be explained by information acquisition or rivalry …