The Definition of Goodwill - a Chronological Overview
Journal Title: Revista Romana de Statistica - Year 2012, Vol 60, Issue 4
Abstract
The purpose of this paper is to offer a full perspective on the evolution in time of goodwill definitions. This paper is part of the research conducted in the doctoral dissertation and we consider it is very important to have a full understanding of the concept studied in order to develop on this subject. We use a chronological analysis and review definitions from the late 1800s until today. The definitions are given by prominent scholars of the time, published in highly ranked journals and books or offered by international accounting boards. We approach the definition from an accounting and a legal perspective. Our findings are that, in time, the definitions offered either improve on an old definition or are completely original. Some elements used to describe goodwill remain the same throughout the whole period we studied. The conclusion of our study is that this type of in-time analysis is beneficial to the researcher in the way that it offers a complete picture of the concept and its history.
Authors and Affiliations
Raluca Valeria RAŢIU, Adriana TIRON TUDOR
Keywords
Related Articles
- EP ID EP151101
- DOI -
- Views 139
- Downloads 0
STATISTICS IN ROMANIA: FROM CATAGRAPHIES TO CENSUSES - PAST AND REALITY
At the 151 years anniversary of official statistics in Romania (1859- 2010) setting up the World Day of Statistics (October 20, 2010) to be celebrated in the whole world – represents for our country the recognition of im...
The Major Macroeconomic Evolutions
This paper analyzes the evolutions of the Romania economy at the macroeconomic level, analysis based, on most part, by the study of the Gross Domestic Product. Following the study of available statistical data, valuable...
METODE DE REDRESARE A EŞANTIOANELOR. AMELIORAREA CALITĂŢII INFORMAŢIILOR OBŢINUTE DIN SONDAJE
Cercetările statistice prin sondaj, oricât de bine proiectate, se confruntă deseori cu faptul că structura eşantionului rezultat nu reproduce întocmai structura colectivităţii studiate. Pentru a obţine estimatori mai exa...
Aspecte teoretice privind utilizarea instrumentarului statistico – econometric în analiza activelor financiare
Modelarea econometrică a variabilelor financiare are ca scop obţinerea de modele care să previzioneze cât mai bine valorile viitoare ale acestora, ţinând seama de caracterul inerţial al desfăşurării proceselor analizate...
Budgetary Execution, Monetary Market – Resources and Placements
This paper analyses one of the most significant elements of the national economy that is the monetary situation, reflected by placements and resources. The authors focused on the monetary evolution, the situation of the...