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Goodwill and Negative Goodwill: The Real Vision for the Future of a Company–Greek Accounting Standards View

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  • Gkinoglou Emmanouil

    (Assistant Professor, Department of International and European Economic Studies, University of Western Macedonia)

Abstract

During the last decades, more and more the role of the intangible assets of a company, becomes the main advantage. Especially the goodwill, that the company held from previous years, maybe a significant factor for the establishment of a competitive advantage. But sometimes, this asset, trapped the company and mainly the holders of the company, in a false estimation of high valuation of the company. When a company, undoubtedly change the main purpose of his activity, then the goodwill, must be written†off, or must appear as a negative goodwill, giving to the stakeholders the real vision for the future of the company, and the real value for not false prospects.

Suggested Citation

  • Gkinoglou Emmanouil, 2022. "Goodwill and Negative Goodwill: The Real Vision for the Future of a Company–Greek Accounting Standards View," New Challenges in Accounting and Finance, EUROKD, vol. 8, pages 27-36.
    • Handle: RePEc:bco:ncafaa::v:8:y:2022:p:27-36
    DOI: 10.32038/NCAF.2022.08.03
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    References listed on IDEAS

    as
    1. Avallone, Francesco & Quagli, Alberto, 2015. "Insight into the variables used to manage the goodwill impairment test under IAS 36," Advances in accounting, Elsevier, vol. 31(1), pages 107-114.
    2. Graeme Wines & Ron Dagwell & Carolyn Windsor, 2007. "Implications of the IFRS goodwill accounting treatment," Managerial Auditing Journal, Emerald Group Publishing Limited, vol. 22(9), pages 862-880, October.
    3. Nevine El Tawy & Tony Tollington, 2012. "Intellectual capital: literature review," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 9(3), pages 241-259.
    Full references (including those not matched with items on IDEAS)

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