Analysis of Goodwill in Mergers and Acquisitions from the Perspective of Corporate Governance
The measurement of goodwill during corporate mergers and acquisitions adopts the"indirect method",and the impairment of goodwill after mergers and acquisitions adopts a complex cash generating unit testing model,which bring significant room for management's independent judgment and bias.Whether from the perspective of principal-agent theory or behavioral finance theory,stakeholders need to constrain and manage this decision-making power.This article introduces a corporate governance structure that combines the shareholder meeting,board of directors,supervisory board,and management.This institutional arrangement ensures the scientific and reasonable handling of merger and acquisition goodwill through three-dimensional and mutually constrained management mechanism and scientific decision-making mechanism,maximizing the interests of all shareholders.
merger and acquisition goodwillgoodwill measurementgoodwill impairmentcorporate governance
万方数据
维普
