In recent years, the amount of goodwill has been increased dramatically and become one of the difficult problems in … academic and accounting practice. This paper focuses on the impact of goodwill on analysts’ forecasts. It is found that … goodwill can increase the optimism and decrease the accuracy of analysts’ forecasts because of its low quality. Goodwill …

This paper examines the information content of goodwill write-downs under International Accounting Standard (IAS) 36 … value depends on the reliability of the news. Using a sample of 564 goodwill write-down announcements issued from 2005 to … 2009, we find a negative capital market reaction to announcements of unexpected goodwill write-offs. Our results indicate …

statement regarding investor market reaction to corporate goodwill impairment announcements. Under new rules, the amortization … of goodwill is replaced with a two-step procedure to determine if goodwill is impaired. We draw a sample of 188 firms … goodwill announcements among industries. The findings are consistent with an information efficiency view of the market and one …