• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文学位 >Impact of accounting methods on return-on-assets (ROA): A study of pooling-of-interest versus purchase as used in business combinations.
【24h】

Impact of accounting methods on return-on-assets (ROA): A study of pooling-of-interest versus purchase as used in business combinations.

机译：会计方法对资产回报率（ROA）的影响：一项针对企业合并中的权益池与购买池的研究。

获取原文
获取原文并翻译 | 示例
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The primary purpose, research question one, of this research is to examine whether new accounting standards for business combinations, FASB Statement No. 141, Business Combinations, and FASB Statement No. 142, Goodwill and Intangible Assets, would provide transparency across financial statements from company-to-company and industry-to-industry. The secondary purpose, research question two, is to validate the claims of pooling-of-interest users who claim that elimination of the pooling method would have a negative impact on their financial earnings, return-on-assets (ROA), and equity prices. The research is founded in the Efficient Market and Momentum theories. Three hypotheses are developed to provide answers for the two research questions. The tests completed are for large-samples using the differences of two means statistics. In compliance with generally accepted accounting principles (GAAP), most companies report their M&A activity in consolidated financial statements. As a result, a secondary data sample of 900 mergers and acquisitions (M&A) is acquired from Mergerstat, Inc. In order to correct the left skewness found in the sample, median ROA, rather than, mean ROA is used.; The testing concluded that pooling method users always experienced a higher median ROA compared to purchase method users. The first two hypotheses find that transparency can be achieved, however, not without future challenges by pooling users unless certain compromises by FASB are made. The results from the third hypothesis test indicated that the median ROA for pooling method users could be higher when compared to the same sample converted under the purchase method. The results validated the claims of pooling method users that indicated conversion to the purchase method would have an negative impact on financial earnings, equity prices, and ROA. The Financial Accounting Standard Board (FASB) issued the Statement No. 141 & 142 with compromises. The compromise included elimination of goodwill amortization and replacing amortization with recording goodwill impairment when realized.; In conclusion, the compromises offered by FASB will insure that the new standards will continue to provide transparency of financial statements for indeterminable future.
机译：该研究的主要目的之一是研究企业合并的新会计准则，FASB第141号声明《企业合并》和FASB第142号声明《商誉和无形资产》是否将使来自公司对公司和行业对行业。研究问题二，其次要目的是验证利益共享用户的主张，这些利益主张声称取消共享方法会对他们的财务收入，资产回报率（ROA）和股票价格产生负面影响。该研究建立在有效市场和动量理论的基础上。提出了三个假设来为两个研究问题提供答案。完成的测试是使用两个均值统计数据的差异的大型样本的。根据公认会计准则（GAAP），大多数公司在合并财务报表中报告其并购活动。结果，从Mergerstat，Inc.获得了900个并购（M＆A）的辅助数据样本。为了校正样本中的左偏度，使用了平均ROA而不是平均ROA。该测试得出的结论是，与购买方式用户相比，合并方式用户始终具有更高的ROA中值。前两个假设发现可以实现透明，但是，除非FASB做出某些妥协，否则不能通过汇集用户来实现未来的挑战。第三个假设检验的结果表明，与购买方法转换后的相同样本相比，合并方法用户的平均ROA可能更高。结果验证了合并方法用户的主张，该观点表明转换为购买方法将对财务收益，股票价格和ROA产生负面影响。财务会计标准委员会（FASB）在第141和142号声明中做出了折衷。折衷办法包括消除商誉摊销，并在实现时以记录商誉减损来代替摊销。总之，FASB提供的折中办法将确保新准则将继续为不确定的未来提供财务报表的透明度。

著录项

  • 作者

    Nelson, Johnny Theodore.;

  • 作者单位

    Nova Southeastern University.;

  • 授予单位 Nova Southeastern University.;
  • 学科 Business Administration Accounting.; Economics Agricultural.; Economics Commerce-Business.
  • 学位 D.B.A.
  • 年度 2004
  • 页码 239 p.
  • 总页数 239
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 财务管理、经济核算;农业经济;贸易经济;
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号