Nijeholt, M. Lycklama a; Grift, Y.K. - School of Economics, Universiteit Utrecht - 2007
) are valid for purchased goodwill as well. Among them are acquirer’s and target’s Tobin’s q, and debt assets ratio … 2002 and December 2005. Databases used are SDC Platinum, CRSP and Compustat industrial annual file. Goodwill amounts are … correlation coefficient for target excess return amounts and goodwill is positive, whereas it is negative for acquirer and …