上市公司并购重组的商誉风险

发布时间：2018-02-11 06:36

本文关键词： 商誉会计上市公司并购商誉减值高溢价利益输送减值计提上市公司股价信息披露当期利润投资者情绪 　出处：《中国金融》2017年10期 　论文类型：期刊论文

【摘要】：正2010~2015年,A股市场发生重大资产重组、要约收购、定增重组的公司数量不断增加,上市公司整体商誉呈逐年增长态势,后续商誉减值也呈同步上升态势近年来,我国经济结构调整和转型升级加快推进,引发了新一轮的上市公司并购热潮,与此同时,市场上的商誉水平快速上升。2015年,商誉占上市公司全部并购交易金额的比重达到29%。此背景下,并购标的业绩承诺无法兑现,将造成商誉计提减值,作为资产
[Abstract]:From 2010 to 2015, the number of companies with significant asset recombination, tender offer and fixed increase in restructuring occurred in the A-share market. The overall goodwill of listed companies has been increasing year by year, and the subsequent impairment of goodwill has also been on the rise in recent years. China's economic restructuring and transformation and upgrading accelerated, which triggered a new wave of mergers and acquisitions of listed companies. At the same time, the level of goodwill in the market rose rapidly. In 2015, Goodwill accounts for 29% of the total M & A transaction amount of listed companies. In this context, the performance promise of the subject matter of M & A cannot be fulfilled, which will result in the impairment of goodwill as an asset.
【作者单位】：中证金融研究院;
【分类号】：F271;F832.51

【相似文献】