There has been a steady growth of goodwill impairments in the Chinese stock market since the adoption of the impairment … approach in accounting. The influence of goodwill impairments on a firm's financial position and profitability give reason to … information risks of goodwill impairments and express their concerns about financial reporting quality in their audit opinions …

The rapidly increasing volume of goodwill assets in the capital market generates potential risks due to the possibility … of an untimely recognition of goodwill impairment. In this paper, we investigate the financial consequences of goodwill … impairment avoidance based on firms’ future performance and stock prices. Using Chinese A-share listed firms with goodwill …

This study investigates the effect of flexible tax enforcement on firms’ excess goodwill using unique manually … goodwill; A-rated firms reduce excess goodwill by 0.005 vis-a-vis non-A-rated firms, which accounts for 100% of the mean value … of excess goodwill. This finding holds after multiple robustness tests and an endogeneity analysis. Moreover, this …

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 …