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Goodwill Impairment After M&A : = The Associations With Target Firms' Earnings Quality and Accounting Experts on Acquiring Firms' Audit Committees.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	Goodwill Impairment After M&A :/
其他題名:	The Associations With Target Firms' Earnings Quality and Accounting Experts on Acquiring Firms' Audit Committees.
作者:	Alnefaie, Munirah M.
面頁冊數:	1 online resource (89 pages)
附註:	Source: Dissertations Abstracts International, Volume: 85-02, Section: A.
Contained By:	Dissertations Abstracts International85-02A.
標題:	Finance. -
電子資源:	click for full text (PQDT)
ISBN:	9798380094030

Goodwill Impairment After M&A : = The Associations With Target Firms' Earnings Quality and Accounting Experts on Acquiring Firms' Audit Committees.
Alnefaie, Munirah M.

Goodwill Impairment After M&A :The Associations With Target Firms' Earnings Quality and Accounting Experts on Acquiring Firms' Audit Committees. - 1 online resource (89 pages)

Source: Dissertations Abstracts International, Volume: 85-02, Section: A.

Thesis (Ph.D.)--Morgan State University, 2023.

Includes bibliographical references

Regulators and policymakers are concerned about the value of earnings quality, which is a major source of financial information for bidder decisions. Prior research also showed that earnings quality has an initial impact on merger and acquisition (M&A) deals but not following the M&A. In response to this concern and previous research, this study investigated whether acquiring a low-earnings quality target, as described in the first hypothesis, increases subsequent goodwill impairments. To estimate the quality of the target's earnings, the Dechow and Dichev (2002), modified by the McNichols (2002) model was used, as well as, the goodwill impairment data collect from 10-K forms filed with the Securities and Exchange Commission SEC. The study's outcome showed that when acquiring a low-earnings quality target, goodwill is more likely to be impaired. Overall, the findings indicated that the target's earnings quality could be used to assess M&A deals by reducing future goodwill impairments. The second hypothesis examines the role of the audit committee's effectiveness-that is, the accounting-financial expertise of its members-on goodwill impairment recorded as a result of acquiring target firms. The "accounting financial experts" variable was used as a ratio of the number of accounting financial experts on its audit committee to the number of audit committee members on the board. The study contributes to the literature by providing evidence of the usefulness of earnings quality, especially when one company uses the financial information of another in making M&A decisions. Furthermore, it contributes to the extant literature on audit committee effectiveness by providing a better understanding of how accounting financial expertise increases the likelihood of recognizing post-M&A goodwill impairment. The findings are useful to investors, analysts, auditors, and regulators who are interested in learning more about goodwill impairment.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798380094030Subjects--Topical Terms:

559073
Finance.
Subjects--Index Terms:

Accounting financial expertsIndex Terms--Genre/Form:

554714
Electronic books.

Goodwill Impairment After M&A : = The Associations With Target Firms' Earnings Quality and Accounting Experts on Acquiring Firms' Audit Committees.
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