高悬的上市公司商誉泡沫防范商誉减值策略

Overhanging Listed Companies’Goodwill Bubbles Prevent Goodwill Impairment Strategy

随着最近几年投资并购业务的火热,高溢价的收购也越来越多,对上市公司来讲,直接反映在报表上的就是商誉的直线增加。截至2018年,全部A股3535家上市公司中存在商誉的有2068家,占比60%。从商誉的内涵出发,分析商誉“地雷”频频爆发的背景和原因,提出防范高额商誉减值“地雷”策略。

With the rapid development of M&a business in recent years,there are more and more high premium acquisitions.For listed companies,the direct response on the statements is the linear increase of goodwill.As of Q3,2018,among the 3535 A-share listed companies,2068 have goodwill,accounting for 60%.Starting from the connotation of goodwill,this paper analyzes the background and causes of the frequent outbreak of goodwil“l mines”,and puts forward some strategies to prevent high good will impairment “mines”.