This paper examines whether financial analysts' presence compels managers to recognize a goodwill impairment. Analysts …” monitoring). We find that the likelihood of a goodwill impairment is more strongly related to an expected impairment when analyst … firm's reporting date increase the probability that management records an expected goodwill impairment at the reporting …

We examine whether fair value accounting applied to goodwill impairment leads to unintended consequences. Under the … fair-value-based goodwill impairment test, a firm's market value is often used as an important reference point for … determining whether goodwill is impaired. A below-one market-to-book ratio is considered a reasonable indicator of impairment by …

We tested whether the change from SFAS 141 to SFAS 141r/ASC 805 had any effect on restatements due to goodwill ….5 times. Board of Director and Audit Committee involvement in the goodwill impairment decision reduced the likelihood of a … restatement occurring. Service industry companies were 3.2 times more likely to restate their assets due to goodwill impairment …

If firms disclose the use of independent valuation experts to assess the magnitude of goodwill impairments should …

The treatment of goodwill, whether to capitalise or expense in the year of acquisition, has been a topic of debate over … purchased goodwill and amortise it through periodic charges to the profit and loss account rather than expense in the year of … (IFRS 3). The purpose of this study is to examine the association between purchased goodwill and market value of the firm by …

Reporting Manual (FRM) with respect to the disclosure for goodwill. For firms at a risk of failing the step one of goodwill … predict future goodwill impairments for firms disclosing lower slack levels. These results suggest that information conveyed … impairment of goodwill …

We examine the association between goodwill impairment charges and analysts' forecast accuracy and dispersion. We … compare firm-quarters that report periodic goodwill impairment charges during 2003-2007, and two control samples (matched on … forms of monitoring, auditor industry specialization and institutional ownership, reduce the adverse effect of 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 …

This study investigates the determinants of firms' decision to impair goodwill under IFRS. Our empirical analysis is … whether or not to impair goodwill. We find that firms' decisions are related to measures of performance, but also to proxies … for managerial and firm-level incentives. We also find that goodwill impairment is associated with lagged stock …