estimation risk. We examine compliance levels with IFRS 3 and IAS 36 mandated goodwill related disclosure and their association … statistically significant negative relationship between the ICC and compliance with mandated goodwill related disclosure. Further …, we split the sample between firms meeting (or not) market expectations about the recognition of a goodwill impairment …

We examine the patterns of goodwill impairments in Europe and in the US over the period from 2006 to 2015, for a sample … of more than 35,000 firm-year observations. We define the timeliness of goodwill impairments as the frequency of … three metrics: equity market value minus equity book value less than goodwill, market-to-book smaller than one, and negative …