Goodwill impairment, surplus management and company performance: Empirical evidence from Chinese a-shares

In recent years, the capital market has generated huge amounts of goodwill assets as a result blind mergers and acquisitions (M&A), "thunderbolts" have become commonplace, with significant impact on company operations performance. To examine whether companies used surplus management to improve impairment performance in context period-end profit losses declines, this study selected sample non-financial listed Chinese A-share from 2007 - 2021 STATA15 test under moderating effect loss slip. The findings show that negative current year following year. However, can use methods significantly reduce when experiences losses. company’s persists year, regardless declines at end period. validate role new accounting standards provide guidance how risks associated impairment.