Document Type

Article

Source of Publication

Corporate Ownership and Control

Publication Date

12-1-2016

Abstract

© 2016, Virtus interpress. All rights reserved. Amortization requirement of goodwill asset is one of the most controversial issues in financial reporting. This study provides empirical evidence on whether goodwill amortization has significant impact on equity value. It analyses the information content of goodwill amortization in the determination of firm’s market valuation by Emirates Financial Market Listed companies that clearly reported goodwill amortization over the period 2003 to 2012 inclusive. Evidence suggests that there is a statistically significant association between equity market values and goodwill amortization in the determination of firms’ market valuation, concluding that the UAE market perceives goodwill amortization as having information content when valuing firms and the use of standardized amortization requirement may be appropriate.

ISSN

1727-9232

Publisher

Virtus Interpress

Volume

13

Issue

2

First Page

49

Last Page

54

Disciplines

Business

Keywords

ADSM, DFM, Equity markets, Goodwill amortization, IAS 36, Impairment review

Scopus ID

84956669370

Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Indexed in Scopus

yes

Open Access

yes

Open Access Type

Hybrid: This publication is openly available in a subscription-based journal/series

Included in

Business Commons

Share

COinS