Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/208801 
Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
PhD Series No. 4.2012
Verlag: 
Copenhagen Business School (CBS), Frederiksberg
Zusammenfassung: 
The dissertation investigates the decision usefulness of goodwill-accounting numbers. Theory and methodology from value relevance, earnings-management and corporate-governance literature are employed in order to investigate the decision usefulness. The dissertation compares the value relevance of goodwill reported under the impairment-only method (current IFRS) with the value relevance of goodwill reported under alternative accounting methods. It also investigates the extent to which goodwill-impairment losses under IFRS are associated with variables for economic impairment and/or earnings-management incentives. And finally, it investigates whether an estimate of misrepresentation of economic impairment in goodwill is associated with earnings-management incentives and/or corporate-governance mechanisms. The results suggest that the impairment-only method provides accounting numbers that more faithfully depict economic fundamentals as reflected in stock prices. The results also suggest that reported goodwill-impairment losses are not strongly affected by earnings-management incentives. Still, misrepresentation of economic impairment in goodwill does not seem to be constrained by corporate-governance mechanisms. In overall, these findings support the recently implemented impairment-only method under current IFRS
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
9788792842350
Creative-Commons-Lizenz: 
cc-by-nc-nd Logo
Dokumentart: 
Doctoral Thesis

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.