Value relevance of customer-related intangible assets

Bauman, Mark P. and Shaw, Kenneth W.,(2018), Value relevance of customer-related intangible assets. , Research in Accounting Regulation, UNSPECIFIED

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This study examines the stock market’s valuation of customer-related intangible assets for a sample of publicly-traded U.S. firms. Customer-related intangible assets are found to be positively associated with equity prices, but valued at a discount relative to goodwill. These results suggest that value-relevant information is lost if customer-related intangible assets are subsumed into goodwill rather than being reported separately. This evidence can be useful to standard setters potentially considering extending to public companies a recent FASB Accounting Standards Update allowing private companies not to recognize separately from goodwill certain customer-related intangible assets.
Keywords : Accounting standards Customer-related intangible assets Goodwill Valuatio, UNSPECIFIED
Journal or Publication Title: Research in Accounting Regulation
Volume: 30
Item Type: Article
Subjects: Akuntansi
Depositing User: Gunawan Gunawan
Date Deposited: 30 Dec 2019 07:24
Last Modified: 30 Dec 2019 07:24

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