This study investigates the relationship existing between cross-border M&A and impairment losses (IL) subsequently recognized against goodwill as an accounting measure of M&A failure. The study contributes to the literature on M&A failures providing preliminary evidence on companies more involved in cross-border M&A being more subject to goodwill IL. The study also contributes to accounting literature as it builds a preliminary bridge between managerial strategic decisions on M&A and their effects on companies performance measured by a value relevant income component (i.e., goodwill IL).

Cross-border M&A and goodwill impairment losses: some preliminary evidence

FLORIO, Cristina;CORBELLA, Silvano;
2015-01-01

Abstract

This study investigates the relationship existing between cross-border M&A and impairment losses (IL) subsequently recognized against goodwill as an accounting measure of M&A failure. The study contributes to the literature on M&A failures providing preliminary evidence on companies more involved in cross-border M&A being more subject to goodwill IL. The study also contributes to accounting literature as it builds a preliminary bridge between managerial strategic decisions on M&A and their effects on companies performance measured by a value relevant income component (i.e., goodwill IL).
978-9963-711-37-6
cross-border M&A, M&A failure, goodwill impairment, financial crisis
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11562/929881
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