Yuan, Hongqi; Gao, Chong; Shi, Haina - In: China journal of accounting studies 8 (2020) 2, pp. 183-213
We examine whether and how the failure in performance commitment by an acquiree affects the acquirers’ recognition of …, both the likelihood and amounts of goodwill impairment increase significantly if an acquiree fails to meet the performance … commitment. The results are robust to alternative measures of failed commitment and alternative sampling. Second, the relation is …