...Marius Gros; Sebastian Koch Purpose The impairment-only approach to goodwill has regularly been criticized for offering too much discretion to managers and facilitating the manipulation of goodwill impairment losses. Extant research provides mixed results on whether managers exploit their inherent...

... that the magnitude of recognised intangible assets is significantly and negatively associated with the quantity and quality of voluntary intellectual capital disclosure. The authors show that this association is mainly driven by goodwill accounting. In more detailed analyses we find different directions (positive...

... that intangible assets have raised both in absolute and relative terms and gained in importance which supports our expectations. The relative importance of goodwill decreases with an increase of the ratio of intangible assets without goodwill to intangible assets including goodwill. The goodwill and other...