What motives shape the initial accounting for goodwill under IFRS 3 in a setting dominated by controlling owners?

IF 4.6 Q1 BUSINESS, FINANCE
Peter Frii, M. Hamberg
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引用次数: 3

Abstract

Abstract We investigate how different motives shape the initial accounting for goodwill in a setting dominated by controlling owners, using data from 1112 acquisition analyses reported by Swedish listed acquiring firms. In contrast to prior studies, we find no evidence that earnings-based compensation affects the proportion of the purchased price accounted for as goodwill. Instead, we find that when a family-owned firm is the acquirer, a larger proportion of the purchase price is accounted for as goodwill than as specific assets and liabilities. These two findings indicate that controlling owners may curb managerial motives, while controlling family owners apply the discretion of IFRS 3 according to their motives. We also find in this setting that acquisition-related motives have a significant impact on the proportion of the purchased price accounted for as goodwill. Overall, our analyses indicate that the motives shaping goodwill accounting choices depend on the institutional setting.
在由控股所有者主导的环境中,是什么动机决定了IFRS 3下商誉的初始会计?
摘要我们利用瑞典上市收购公司报告的1112份收购分析数据,研究了在控股所有者主导的环境中,不同的动机如何影响商誉的初始会计。与之前的研究相比,我们没有发现任何证据表明基于收益的薪酬会影响购买价格作为商誉的比例。相反,我们发现,当家族企业是收购方时,购买价格中更大比例的商誉被计入特定资产和负债。这两项研究结果表明,控股所有者可能会抑制管理动机,而控股家族所有者则根据其动机应用IFRS 3的自由裁量权。我们还发现,在这种情况下,收购相关动机对购买价格中计入商誉的比例有重大影响。总体而言,我们的分析表明,商誉会计选择的动机取决于制度设置。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Accounting in Europe
Accounting in Europe BUSINESS, FINANCE-
CiteScore
5.00
自引率
7.10%
发文量
14
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