speculative component of M&A prices is positively associated with future goodwill impairments. The results imply that the proposed … and evaluating goodwill …

overpricing of goodwill is subsequently corrected in the years following the deal's completion. We show that investors predict the … decreasing value of goodwill and can promptly and efficiently adjust its pricing regardless of whether the impairments have been … delayed, indicating that investors believe that acquired goodwill deteriorates regardless of goodwill impairment. We also …

We investigate the conditions under which the accounting‐based acquisition goodwill disclosed by U.S. filers … appropriately represents an asset to the firm — specifically, whether accounting - based acquisition goodwill is representationally … transactions have a negative net present value, the acquirer did not write‐off goodwill at the time of acquisition as required …

agenda to evaluate potential alternatives for measurement of goodwill. Motivated by the FASB's consideration of a change in … goodwill accounting, I examine the impact of SFAS 142 on the usefulness of goodwill write-offs and goodwill balances. I find … that goodwill write-offs and goodwill balances are more strongly associated with stock returns and stock prices …

-value estimates to account for acquired goodwill. I find evidence consistent with the Financial Accounting Standards Board (FASB …

Recent increases in the occurrence and magnitude of goodwill impairment charges highlight the increasing importance of … the role of the auditor in goodwill accounting. This study examines the association between disclosures about the fair … value measurement of goodwill and audit fees. We find that goodwill-related disclosures are positively related to audit fees …

I find that goodwill write-offs under Statement of Financial Accounting Standards No. 142 (SFAS 142) are associated … with future expected cash flows as mandated by the standard. However, there are indications that goodwill write-offs lag … behind the economic impairment of goodwill. Additional analysis reveals that the association between goodwill write-offs and …

Very often than not, business acquisition results in recognition of goodwill as the consideration paid to gain control … benefits from the business combination. Negative goodwill is a rare phenomenon and must be justified and so is impairment of … goodwill which requires proper disclosures. The results of this study indicate that auditors failed to make proper …

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 …