Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/182662 
Year of Publication: 
2004
Series/Report no.: 
Bochumer Beiträge zur Unternehmensführung No. 70
Publisher: 
Peter Lang International Academic Publishers, Berlin
Abstract: 
In 2001, goodwill amortization in the US was eliminated in favor of an impairment-only approach, which, according to critics, gives managers vast discretion and opportunities for earnings management. Prior research suggests that discretionary asset write-offs are associated with economic factors and managers’ financial reporting objectives. Based on a systematic literature review, this study investigates for a comprehensive sample of US firms the determinants of goodwill write-off behavior. Regression analysis shows that write-off behavior is significantly explained by firms’ economic properties. Only in large, high-profile firms, incentives appear to be significant determinants. These findings suggest that the impairment-only approach does capture goodwill impairment at least to some extent.
Persistent Identifier of the first edition: 
ISBN: 
978-3-631-75498-6
Creative Commons License: 
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Document Type: 
Book
Document Version: 
Digitized Version

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