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Les déterminants de la dépréciation du goodwill : proposition d'un cadre d'analyse

Author

Listed:
  • Inès Bouden

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie)

  • Luc Paugam

    (DRM - Dauphine Recherches en Management - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique)

  • Olivier J. Ramond

    (DRM - Dauphine Recherches en Management - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article focuses on the determinants of goodwill impairment. After reviewing International and US standards related to accounting for goodwill, we identify two types of risk factors that can lead to goodwill impairments: economic factors (e.g., initial overpayment, or a deterioration of the acquirer performance following the business combination) and managerial factors (e.g., incentives to delay or accelerate impairments). Empirical proxies of these economic and managerial factors are suggested in the paper in order to allow for further empirical tests. The analysis also includes a figure modeling the interaction of the different factors affecting the probability of occurrence of goodwill impairments.

Suggested Citation

  • Inès Bouden & Luc Paugam & Olivier J. Ramond, 2011. "Les déterminants de la dépréciation du goodwill : proposition d'un cadre d'analyse," Post-Print hal-00646810, HAL.
    • Handle: RePEc:hal:journl:hal-00646810
    Note: View the original document on HAL open archive server: https://hal.science/hal-00646810
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    References listed on IDEAS

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