Han, Hongwen; Tang, Qingquan - In: China journal of accounting research : CJAR 13 (2020) 3, pp. 271-289
future stock price crash. These adverse effects continue for the three years following the goodwill impairment avoidance. Our … results indicate that goodwill impairment avoidance has detrimental impacts on a firm’s future performance and stock price and … impairment avoidance based on firms’ future performance and stock prices. Using Chinese A-share listed firms with goodwill …
