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).
Original language | English |
---|---|
Title of host publication | 8th Annual Conference of the EuroMed Academy of Business - Innovation, Entrepreneurship and Sustainable Value Chain in a Dynamic Environment |
Editors | Yaakov Weber, Evangelos Tsoukatos Demetris Vrontis |
Pages | 2535-2537 |
Number of pages | 3 |
Publication status | Published - 2015 |
Keywords
- M&A failure
- cross-border M&A
- financial crisis
- goodwill impairment