Abstract
This study examines UK firms' contracting cost incentives for capitalizing estimates of brand value. Results indicate that firms' decisions to capitalize acquired brands were influenced by the impact that the immediate write-off of goodwill to equity has on the London Stock Exchange's shareholder approval requirement for future acquisitions and disposals. These findings provide evidence of contracting costs that result from stock exchange mandated shareholder approval rules for planned transactions.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 179-191 |
| Number of pages | 13 |
| Journal | Journal of Accounting and Economics |
| Volume | 26 |
| Issue number | 1-3 |
| State | Published - Jan 1 1999 |
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All Science Journal Classification (ASJC) codes
- Accounting
- Finance
- Economics and Econometrics
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An examination of the voluntary recognition of acquired brand names in the United Kingdom. / Muller, III, Karl A.
In: Journal of Accounting and Economics, Vol. 26, No. 1-3, 01.01.1999, p. 179-191.Research output: Contribution to journal › Article
TY - JOUR
T1 - An examination of the voluntary recognition of acquired brand names in the United Kingdom
AU - Muller, III, Karl A.
PY - 1999/1/1
Y1 - 1999/1/1
N2 - This study examines UK firms' contracting cost incentives for capitalizing estimates of brand value. Results indicate that firms' decisions to capitalize acquired brands were influenced by the impact that the immediate write-off of goodwill to equity has on the London Stock Exchange's shareholder approval requirement for future acquisitions and disposals. These findings provide evidence of contracting costs that result from stock exchange mandated shareholder approval rules for planned transactions.
AB - This study examines UK firms' contracting cost incentives for capitalizing estimates of brand value. Results indicate that firms' decisions to capitalize acquired brands were influenced by the impact that the immediate write-off of goodwill to equity has on the London Stock Exchange's shareholder approval requirement for future acquisitions and disposals. These findings provide evidence of contracting costs that result from stock exchange mandated shareholder approval rules for planned transactions.
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UR - http://www.scopus.com/inward/citedby.url?scp=0001691992&partnerID=8YFLogxK
M3 - Article
VL - 26
SP - 179
EP - 191
JO - Journal of Accounting and Economics
JF - Journal of Accounting and Economics
SN - 0165-4101
IS - 1-3
ER -