-Arrow goodwill as a state variable. Assuming an infinite time horizon, we use some dynamic programming techniques in infinite … dimension to characterize both the optimal advertising effort and the optimal goodwill path in the long run. An interesting …

simulation era of today's world, accounting, just like all other areas of knowledge, faces a crisis of representation. Goodwill … is a hidden value that accounting standards define as the value of future economic benefit (internal goodwill) and the … difference between fair value and book value of the firm (business combination). This paper concludes that accounting goodwill …

This study presents some evidence of discount rate selection on goodwill impairment testing under the new requirements … firms for the goodwill impairment testing with independently generated estimates of firm specific risk adjusted discount … employed the value in use method in goodwill impairment testing and defined only a single discount rate in 2007, 2006 and 2005 …

value measurement method to ascertain value of purchased goodwill does not contribute to more accurate value of the … financial worth of the firm. It argues that the use of market value for the measurement of purchased goodwill for recognition in … financial worth of purchased goodwill. It demonstrates the need to seek a measurement method that does not impose a transaction …

This study is the first to analyze the value relevance of goodwill impairment losses (GIL) in an international context … introduces a new explanation for heterogeneity in value relevance of goodwill impairments, and adds to research on the effects of …

The economic valuation of goodwill is based on an interdisciplinary approach that synergistically considers the legal …, accounting, fiscal, and strategic aspects. The controversial concept of goodwill (goodwill if positive, badwill if negative) has … surcharges, and in company valuations. The estimate of the damage due to loss of goodwill, linked to the diversion of customers …