Goodwill : meaning and relevance -- The valuation of the internally generated goodwill snd its breakdown -- Business goodwill and corporate goodwill -- Goodwill and competitive heterogeneity : system goodwill, positional goodwill and firm capabilities -- Valuation of unrecorded intangible assets...

1. An overview -- 2. What is goodwill? -- 3. Internally generated Goodwill : 'Alice-in-wonderland' accounting -- 4. Purchased goodwill : historical treatment -- 5. Impairment : the current conventional wisdom -- 6. The Market Capitalization Statement (the MCS) -- 7. The MCS and CoCoA.

We use a case study to illustrate how different acquisition methods can result in different amounts of goodwill recognized on financial statements in China. China Merchants Bank adopted a two-step acquisition method: first, it acquired 53% of the shares of Hong Kong’s Wing Lung Bank to gain...

With the wave of M&A, total amount of goodwill balances has been accumulated to a enormous number in Chinese capital market. Accounting Standards is controversial about high discretion in the goodwill subsequent measurements. This study examines whether goodwill book value is consistent with...

Purpose - This paper outlines the link between value creation, performance measurement and goodwill accounting according to IFRS and US-GAAP. Since economic goodwill is identical to the present value of future residual income, we examine the question of how accounting information gathered for...