The main objective of this study, which relates to FRS 10, is to examine whether purchased goodwill amortisation for financial reporting in the UK provides relevant information to the market. To examine the relation between goodwill amortisation and market value, we use a valuation model that...

This study empirically investigates the potential differential media advertising valuation effects for a sample of UK firms over the period 1998-2003. Contrary to the findings of previous research, this study could not find evidence that the valuation relevance of advertising varies...