Research On The Causes And Economic Consequences Of The Impairment Of Goodwill In The Merger And Acquisition Of Yuewen Group

Since 2013,the government issued documents to promote mergers and acquisitions,by 2018,merger,acquisition and reorganization among enterprises carry out,at the same time,the merger of goodwill generated by the m&a is beginning to show great hidden danger,bet against the enterprise should not be completed agreement provision for goodwill impairment loss led to the parent company,the infringement of the interests of economic market investors,for the measurement of the enterprise’s operating profit,regulators also caused the attention to this.Therefore,this article uses China Literature group as the research object,first of all,goodwill has carried on the study of a large number of relevant literature,the literature according to the goodwill essence,and the follow-up measurement of the goodwill,goodwill,that is,the analysis of economic effects of goodwill summarized four Angle,this article describes the text reading group,merger and acquisition of new classic media were studied before and after the event,a new commitment to why new classic media during the commitment period should not be completed performance,read the operating condition of group’s own business in 2020,and cooperation with the author’s contract,as well as the China Literature media personnel caused by the earthquake to read the text group and the negative effect of earnings management motivation,This paper also studies the economic consequences of goodwill impairment on China Literature Group based on the event analysis method.This paper mainly uses the economic analysis method of literature research and case study method.The literature research method sorts out the previous literature on goodwill and draws several conclusions :(1)The essence of goodwill is an asset that can bring excess returns to enterprises in the future.(2)Consolidated goodwill is impaired in accordance with the impairment test method under both international accounting standards and China’s current accounting standards.(3)There are four main reasons for goodwill impairment: the acquisition premium is too high,the target company cannot complete the performance commitment agreement,the earnings management motivation of corporate executives,and the company’s internal control system.(4)Goodwill impairment will change the accounting and financial indicators of the enterprise,and the attitude of economic market is negative.