An Analysis of the Economic Consequences of Listed Companies’ Goodwill Impairment

Taking Xunxing Limited Company as an Example

DOI

10.2991/assehr.k.210121.116How to use a DOI?

Keywords

Goodwill, Mergers and acquisitions, Impairment of goodwill

Abstract

With the continuous advancement of economic globalization, corporate mergers and acquisitions have become an important way for companies to enhance their competitiveness and accelerate their transformation and development. In order to speed up the merger process, companies often carry out mergers and acquisitions at a premium, accompanied by the generation of huge amounts of goodwill. On the one hand, a huge amount of goodwill indicates the excellent profitability of the acquired party in the future accounting period; on the other hand, when the acquired company does not realize the expected income or fails to meet the performance promise, the acquired company will impair the accounting for a huge amount of goodwill, which has a negative impact on the company’s operations. Therefore, this paper attempts to provide suggestions for the confirmation and measurement of the goodwill of cross-industry enterprise mergers and acquisitions.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiaonan Huo
AU  - Guoxing Zhang
PY  - 2021
DA  - 2021/01/23
TI  - An Analysis of the Economic Consequences of Listed Companies’ Goodwill Impairment
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 573
EP  - 578
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.116
DO  - 10.2991/assehr.k.210121.116
ID  - Huo2021
ER  -