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dc.contributor.authorWang, Jing
dc.contributor.authorHooper, Keith
dc.date.accessioned2015-07-03T02:00:47Z
dc.date.available2015-07-03T02:00:47Z
dc.date.issued2014
dc.identifier.urihttps://hdl.handle.net/10652/2895
dc.description.abstractThis paper aims to examine the extent of goodwill impairment in listed companies of China and the audited disclosure of of goodwill. China is an important adopter of International Financial Standards but the question remains as a recent adopter, to what extent contentious issues such as goodwill impairment are implemented. The research analyzes the financial and share market information gathered from the top 50 companies listed on the Shanghai Stock Exchange. The findings reveal that goodwill amortization has been discontinued and replaced by goodwill impairment, but interestingly the Big Four Western audit firms, with a plethora of clients are less likely to be intimidated by Chinese managers into ignoring impairment than small local firms, which may be more dependent on these large Chinese corporations for their existence. However findings indicate that negative finacial and share market information show some correlation with goodwill impairment when impairment occurs. The most significant finding is that the analysis reveals that there remains a wider problem with adequate disclosure in the notes to the accounts as to whether and why goodwill should be impaired or not.en_NZ
dc.language.isoenen_NZ
dc.publisherVirtus Interpressen_NZ
dc.subjectChinaen_NZ
dc.subjectdisclosureen_NZ
dc.subjectlisted companiesen_NZ
dc.subjectinternational financial standardsen_NZ
dc.subjectimpairmenten_NZ
dc.subjectgoodwillen_NZ
dc.titleRecognition and disclosure of impairment in Chinaen_NZ
dc.typeJournal Articleen_NZ
dc.rights.holderVirtus Interpressen_NZ
dc.subject.marsden150104 International Accountingen_NZ
dc.identifier.bibliographicCitationWang, J., and Hooper, K. (2014). Recognition and disclosure of impairment in China. Corporate Ownership & Control Journal, 12(1), pp.709-716en_NZ
unitec.institutionUnitec Institute of Technologyen_NZ
unitec.publication.spage709en_NZ
unitec.publication.lpage716en_NZ
unitec.publication.volume12 (1)en_NZ
unitec.publication.titleCorporate Ownership & Control Journalen_NZ
unitec.peerreviewedyesen_NZ
unitec.identifier.roms57465en_NZ


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