dc.contributor.author | Vallius, Suvi | |
dc.contributor.author | Virtanen, Aila | |
dc.contributor.author | Rautiainen, Antti | |
dc.contributor.author | Järvenpää, Marko | |
dc.date.accessioned | 2019-04-04T09:46:02Z | |
dc.date.available | 2019-04-04T09:46:02Z | |
dc.date.issued | 2019 | |
dc.identifier.citation | Vallius, S., Virtanen, A., Rautiainen, A., & Järvenpää, M. (2019). Goodwill and Ethics : Evidence from Finland. <i>Electronic Journal of Business Ethics and Organization Studies</i>, <i>24</i>(1), 8-18. <a href="http://ejbo.jyu.fi/pdf/ejbo_vol24_no1_pages_8-18.pdf" target="_blank">http://ejbo.jyu.fi/pdf/ejbo_vol24_no1_pages_8-18.pdf</a> | |
dc.identifier.other | CONVID_28993763 | |
dc.identifier.other | TUTKAID_81088 | |
dc.identifier.uri | https://jyx.jyu.fi/handle/123456789/63388 | |
dc.description.abstract | Goodwill appears as an intangible
asset in the parent company balance
sheet after purchasing a company,
especially with big expectations
of growth and synergy. However,
there are ethical issues involved
in presenting and accounting
for goodwill. For example, if the
manager pays too much for a
company in the hubris of closing
a deal in order to obtain his/her
bonuses, the excess amount paid
can currently be “hidden” into the
parent company balance sheet under
the name of goodwill. In this paper,
we analyse the possible ethical
dilemmas of goodwill accounting,
valuation, impairments and risks.
In particular, we ask, what ethical
considerations are related to
goodwill accounting, implied by
goodwill changes and the relations
between goodwill, risk and other
fundamentals, such as profitability.
Our empirical illustration, using
Finnish small listed company data
from 2007 to 2014, shows that
high beta (indicating high business
risk) correlates positively with high
goodwill. This signals potential
problems in the ethical and
managerial practices and reflects
heightened risks for the users
of financial statements, such as
analysts and auditors. | fi |
dc.format.mimetype | application/pdf | |
dc.language.iso | eng | |
dc.publisher | Business and Organization Ethics Network (BON) | |
dc.relation.ispartofseries | EJBO - Electronic Journal of Business Ethics and Organization Studies | |
dc.relation.uri | http://ejbo.jyu.fi/pdf/ejbo_vol24_no1_pages_8-18.pdf | |
dc.rights | In Copyright | |
dc.subject.other | Suomi | |
dc.subject.other | goodwill | |
dc.subject.other | business risks | |
dc.subject.other | Finland | |
dc.title | Goodwill and Ethics : Evidence from Finland | |
dc.type | article | |
dc.identifier.urn | URN:NBN:fi:jyu-201904012017 | |
dc.contributor.laitos | Kauppakorkeakoulu | fi |
dc.contributor.laitos | School of Business and Economics | en |
dc.contributor.oppiaine | Laskentatoimi | fi |
dc.contributor.oppiaine | Accounting | en |
dc.type.uri | http://purl.org/eprint/type/JournalArticle | |
dc.date.updated | 2019-04-01T12:15:10Z | |
dc.description.reviewstatus | peerReviewed | |
dc.format.pagerange | 8-18 | |
dc.relation.issn | 1239-2685 | |
dc.relation.numberinseries | 1 | |
dc.relation.volume | 24 | |
dc.type.version | publishedVersion | |
dc.rights.copyright | © Business and Organization Ethics Network (BON), 2019 | |
dc.rights.accesslevel | openAccess | fi |
dc.subject.yso | laskentatoimi | |
dc.subject.yso | etiikka | |
dc.subject.yso | riskit | |
dc.format.content | fulltext | |
jyx.subject.uri | http://www.yso.fi/onto/yso/p7621 | |
jyx.subject.uri | http://www.yso.fi/onto/yso/p3166 | |
jyx.subject.uri | http://www.yso.fi/onto/yso/p11099 | |
dc.rights.url | https://rightsstatements.org/page/InC/1.0/ | |