The effect of executive compensation toward goodwill recognition

Fertika Yulia, Aria Farah Mita

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This study aims to examine the impact of earnings-based and equity-based components of executive compensation on purchase price allocation to goodwill after successful acquisitions. This study employs listed companies' financial data from 2011 to 2016, collected from five ASEAN countries which already adopted IFRS 3 (2004): Business Combinations as standards for M&A transactions and the acquisition premium (goodwill). The results show that bonus as the earnings-based compensation has a significant impact but negatively associated with goodwill recognition, indicating the executives from acquiring companies are not tend to use their discretion for making goodwill overstatement in order to gain more bonuses. Meanwhile, share option as the equity-based compensation is rather weak to mitigate executives' incentive in making goodwill overstatement, due to only small numbers of ASEAN corporations included share option in the compensation package.

Original languageEnglish
Title of host publicationProceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020
Subtitle of host publicationSustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth
EditorsKhalid S. Soliman
PublisherInternational Business Information Management Association, IBIMA
Pages5026-5034
Number of pages9
ISBN (Electronic)9780999855119
Publication statusPublished - 2018
Event32nd International Business Information Management Association Conference, IBIMA 2018 - Seville, Spain
Duration: 15 Nov 201816 Nov 2018

Publication series

NameProceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth

Conference

Conference32nd International Business Information Management Association Conference, IBIMA 2018
Country/TerritorySpain
CitySeville
Period15/11/1816/11/18

Keywords

  • Executive compensation
  • Goodwill recognition
  • IFRS 3

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