TAILIEUCHUNG - Goodwill and performance

In a context of external growth in constant emergence and in the midst of globalization, mergers and acquisitions are multiplying. As a result, goodwill has taken considerable weight in the groups' balance sheets. As a matter of fact, the concept of goodwill has been for over a decade a subject of debates and discussions trying to define the concept and discuss its treatment in accounting and finance. Beginning with an overview to shed light on the literature review related to goodwill, its accounting treatment and performance measurement, this article will be an attempt to determine the link between the value of goodwill from an accounting point of view and performance measurement based on the results of previous studies. In fact, our study will focus mainly on the M&A initiated in US between 2014 and 2016. Given these points, through our analysis we conclude a positive and strong relationship between goodwill and Residual Economic Income. | Journal of Applied Finance Banking vol. 8 no. 3 2018 17-25 ISSN 1792-6580 print version 1792-6599 online Scienpress Ltd 2018 Goodwill and Performance Kaiss Sarra1 Nezha Baghar1 and Mounime El Kabbouri1 Abstract In a context of external growth in constant emergence and in the midst of globalization mergers and acquisitions are multiplying. As a result goodwill has taken considerable weight in the groups balance sheets. As a matter of fact the concept of goodwill has been for over a decade a subject of debates and discussions trying to define the concept and discuss its treatment in accounting and finance. Beginning with an overview to shed light on the literature review related to goodwill its accounting treatment and performance measurement this article will be an attempt to determine the link between the value of goodwill from an accounting point of view and performance measurement based on the results of previous studies. In fact our study will focus mainly on the M A initiated in US between 2014 and 2016. Given these points through our analysis we conclude a positive and strong relationship between goodwill and Residual Economic Income. JEL classification numbers G32 O34 G34 O32 H11 M41 Keywords Goodwill performance value creation super profit goodwill accounting acquisition. 1 Introduction There is a significant increase in the share of intangible assets on the balance sheets of major groups. Furthermore goodwill has become an increasing significant balance sheet asset between 1990 and 2007 Li and Sloan 2014 . All this find its justification mainly in the following factors The increasing growth of competition stimulated by the globalization of trade the advancement of 1Hassan 1st University Morocco Article Info Received November 17 2017. Revised December 16 2017 Published online May 1 2018 18 Kaiss Sarra et al. information technologies the Internet networks etc. To this end the increase in cultural and economic intangibles is inevitable. Indeed economic models

• Kế toán - Kiểm toán
• Goodwill and performance
• Value creation
• Super profit
• Goodwill accounting
• Residual Economic Income