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Discretion in the application of the goodwill impairment test in European banks

Author

Listed:
  • Jorge Pallarés Sanchidrián

    (Universidad de Alcalá, España)

  • Javier Pérez García

    (Universidad de Alcalá, España)

  • José A. Gonzalo-Angulo

    (Universidad de Alcalá, España)

Abstract

Dada la ausencia de amortización del fondo de comercio, el objetivo de esta investigación se concreta en identificar si el test de deterioro, entre los ejercicios 2005 y 2015, primera década de aplicación de las NIIF, ha sido aplicado de manera homogénea y coherente por los 45 mayores bancos europeos. Asimismo, se ha tratado de comprobar si dicha aplicación ha podido ser insuficiente y tardía. A través de una muestra significativa, se han aplicado herramientas estadísticas ampliamente utilizadas en otros estudios, para contrastar el comportamiento de las entidades. Los resultados obtenidos evidencian que las políticas de deterioro han sido aplicadas de manera desigual en cada país. Estas conclusiones podrían soportar la vuelta a un patrón de valoración que considerase la amortización sistemática del fondo de comercio, aparte de su deterioro. El trabajo muestra la aplicación del deterioro en los bancos europeos, durante un periodo temporal de especial importancia, puesto que incluye los años de crisis financiera. El estudio sugiere una implementación de la normativa contable que puede ser calificada de discrecional y oportunista en la contabilización del fondo de comercio.

Suggested Citation

  • Jorge Pallarés Sanchidrián & Javier Pérez García & José A. Gonzalo-Angulo, 2021. "Discretion in the application of the goodwill impairment test in European banks," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(TNEA), pages 1-24, Septiembr.
    • Handle: RePEc:imx:journl:v:16:y:2021:i:tnea:a:6
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    File URL: https://www.remef.org.mx/index.php/remef/article/view/702
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    References listed on IDEAS

    as
    1. Marius Gros & Sebastian Koch, 2019. "Discretionary goodwill impairment losses in Europe," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 21(1), pages 106-124, September.
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    4. Masters-Stout, Brenda & Costigan, Michael L. & Lovata, Linda M., 2008. "Goodwill impairments and chief executive officer tenure," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 19(8), pages 1370-1383.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fondo de comercio; test de deterioro; relevancia informativa de los estados financieros; sector bancario; manipulación de resultados;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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