returns. European investors, however, consider the financial information conveyed by capitalized goodwill to be less relevant … goodwill, with the exception of Italian and Finnish investors. Originality/value – The paper adds to the existing literature on … IFRS by documenting the association between the market value of European listed firms and the book value of their goodwill …

under the new goodwill accounting affect the asymmetric timeliness of earnings;, i.e. accounting conservatism. Design … purchased goodwill has become more conservative after the enactment of the new standard. However, once an increase in … conservatism that is not attributable to new goodwill accounting is controlled for, it is found that accounting earnings for firms …

endogenises future environmental costs, and relates to corporate goodwill and social capital. Rethinking private environmental …