Eastern European Business and Economics Journal

Goodwill Disclosure in Europe. Profiles of disclosing companies

 

Nicola Giuseppe Castellano, Katia Corsi, Roberto Del Gobbo

 

Castellano N, Corsi K, Del Gobbo R. 2015. Goodwill Disclosure in Europe. Profiles of disclosing companies. Eastern European Business and Economics Journal 1(2): 32-65.

 

Full text

 

Reviewers:

David CANTARERO-PRIETO, University of Cantabria, Spain;

Roy CERQUETI, University of Macerata, Italy;

Olena SOKOLOVSKA, Institute Of Industrial Economics of National Academy of Sciences of Ukraine, Ukraine.

 

Abstract:

The paper investigates the determinants of goodwill disclosure on a sample of European companies. In particular, the factors associated to particular extents of disclosure are examined. The results provide evidence that, determinants coherent with proprietary cost theory significantly affect the extent of goodwill disclosure. Conversely the hypotheses formulated according to the signaling theory are not supported. The methodology adopted provides meaning to relations between variables that might be robust only or particularly within a specific range of variation of the independent variables. Finally, issues of compliance due to the technical complexities of IAS 36 are documented.

 

Keywords:

Goodwill Disclosure Determinants; Antecedents of disclosure; Goodwill Disclosure Index; Cluster Analysis

 

Language:

English

 

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