Reply to Chen et al.: Perhaps goodwill is unlimited but oxytocin-induced goodwill is not

Is goodwill value relevant - A Danish perspective

Based on data from the Danish Stock Exchange, this paper analyses the value relevance of goodwill and goodwill amortization. Until Danish accounting legislation was changed as of January 1, 2002 companies were allowed to write-off goodwill or capitalize it subject to amortization, which provided a richer information set, as goodwill must be capitalized under most other accounting regimes. The v...

Reply to Chen et al . Jun - Gol Song and

We would like to thank Chen et al. for their careful reading of, and comments [1] regarding, our manuscript [2]. We completely agree that diagnostic pain is mainly dependent on the patient’s description and lacks an objective assessment. This is one of the limitations of our study that was mentioned in the discussion. We also agree that our results demonstrate that pain intensity, analgesic use...

Science and International Goodwill

Is Amortization Good Enough? Evidence from the U.K. Goodwill Accounting

Before 2001, the accounting practitioners generally amortize the cost of intangibles over an arbitrary decided period of time. The accounting treatment lies in two perspectives: first, the value of goodwill will eventually decline; second, the recognition of amortization expenses is to meet the requirement of matching principle. However, later research indicates that the value of goodwill does ...

The stochastic goodwill problem

Stochastic control problems related to optimal advertising under uncertainty are considered. In particular, we determine the optimal strategies for the problem of maximizing the utility of goodwill at launch time and minimizing the disutility of a stream of advertising costs that extends until the launch time for some classes of stochastic perturbations of the classical Nerlove-Arrow dynamics. ...