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Goodwill Disclosure in Europe. Profiles of disclosing companies

Author

Listed:
  • Nicola Giuseppe Castellano

    (University of Macerata)

  • Katia Corsi

    (University of Sassari)

  • Roberto Del Gobbo

    (University of Macerata)

Abstract

The paper investigates the determinants of goodwill disclosure on a sample of European companies. In particular, the factors associated to particular extents of disclosure are examined. The results provide evidence that, determinants coherent with proprietary cost theory significantly affect the extent of goodwill disclosure. Conversely the hypotheses formulated according to the signaling theory are not supported. The methodology adopted provides meaning to relations between variables that might be robust only or particularly within a specific range of variation of the independent variables. Finally, issues of compliance due to the technical complexities of IAS 36 are documented.

Suggested Citation

  • Nicola Giuseppe Castellano & Katia Corsi & Roberto Del Gobbo, 2015. "Goodwill Disclosure in Europe. Profiles of disclosing companies," Eastern European Business and Economics Journal, Eastern European Business and Economics Studies Centre, vol. 1(2), pages 32-65.
    • Handle: RePEc:eeb:articl:v:1:y:2015:i:2:p:32-65
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