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Changes in Value of Investment Opportunity Set and Goodwill Impairment

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(507.65 KB)

Date

2011

Authors

Supervisor

Ramachandra, Suresh
Kabir, Humayun

Item type

Thesis

Degree name

Master of Business

Journal Title

Journal ISSN

Volume Title

Publisher

Auckland University of Technology

Abstract

The adoption of International Financial Reporting Standards (IFRSs) results in many changes in goodwill impairment accounting regime in IAS 36. This study investigates the relationship between the changes in value of firms' investment opportunities set (IOS) and the amount of goodwill impairment losses for New Zealand (NZ) listed firms since the new goodwill impairment testing regime was introduced. A pooled time-series and cross-sectional analysis is adopted in this study in order to evaluate the changes of results over the examined period. The results support that the changes in value of sample firms' IOS are negatively related to their amount of goodwill impairment losses during the examined period from the financial year 2008 to the financial year 2009.

Description

Keywords

investment opportunities set, goodwill impairment

Source

DOI

Publisher's version

Rights statement

Permanent link

https://hdl.handle.net/10292/1388

Collections

Masters Dissertations