• Basu, S., 1997, The conservatism principle and the asymmetric timeliness of earnings, Journal of Accounting and Economics24, 337.
  • Beatty, A., and J. Weber, 2006, Accounting discretion in fair value estimates: an examination of SFAS 142 goodwill impairments, Journal of Accounting Research44, 257288.
  • Bens, D. A., W. Heltzer, and B. Segal, 2011, The information content of goodwill impairments and SFAS 142, Journal of Accounting, Auditing and Finance26, 527555.
  • Bradshaw, M. T., S. A. Richardson, and R. G. Sloan, 2001, Do analysts and auditors use information in accruals?Journal of Accounting Research39, 4574.
  • Caliendo, M., and S. Kopeinig, 2008, Some practical guidance for the implementation of propensity score matching, Journal of Economic Surveys22, 3172.
  • Dechow, P. M., and W. Ge, 2006, The persistence of earnings and cash flows and the role of special items: implications for the accrual anomaly, Review of Accounting Studies11, 297303.
  • Dehejia, R. H., and S. Wahba, 2002, Propensity score-matching methods for nonexperimental causal studies, The Review of Economics and Statistics84, 151161.
  • Dichev, I. D., 2008, On the balance sheet-based model of financial reporting, Accounting Horizons22, 453470.
  • Easton, P., 2004, PE ratios, PEG ratios, and estimating the implied expected rate of return on equity capital, The Accounting Review79, 7395.
  • Financial Accounting Standards Board, 2001, Statement of Financial Accounting Standards No. 142: Goodwill and Other Intangible Assets (FASB, Norwalk, CT).
  • Francis, J., J. D. Hanna, and L. Vincent, 1996, Causes and effects of discretionary asset write-offs, Journal of Accounting Research34, 117134.
  • Godfrey, J. M., and P. S. Koh, 2009, Goodwill impairment as a reflection of investment opportunities, Accounting and Finance49, 117140.
  • Gu, Z., and T. Chen, 2004, Analysts’ treatment of nonrecurring items in street earnings, Journal of Accounting and Economics38, 129170.
  • Gul, F. A., C. J. P. Chen, and J. S. L. Tsui, 2003, Discretionary accounting accruals, managers’ incentives, and audit fees, Contemporary Accounting Research20, 441464.
  • Hayn, C., and P. J. Hughes, 2006, Leading indicators of goodwill impairment, Journal of Accounting, Auditing and Finance21, 223265.
  • Holthausen, R. W., and R. L. Watts, 2001, The relevance of the value-relevance literature for financial accounting standard setting, Journal of Accounting and Economics31, 375.
  • Jarva, H., 2009, Do firms manage fair value estimates? An examination of SFAS 142 goodwill impairments, Journal of Business Finance and Accounting36, 10591086.
  • Kothari, S. P., K. Ramanna, and D. J. Skinner, 2010, Implications for GAAP from an analysis of positive research in accounting, Journal of Accounting and Economics50, 246286.
  • Lee, C., 2011, The effect of SFAS 142 on the ability of goodwill to predict future cash flows, Journal of Accounting and Public Policy30, 236255.
  • Li, K. K., and R. G. Sloan, 2011, Has goodwill accounting gove bad? Working paper (University of California at Berkeley).
  • Li, Z., P. K. Shroff, R. Venkataraman, and I. X. Zhang, 2011, Causes and consequences of goodwill impairment losses, Review of Accounting Studies16, 745778.
  • Muller, K. A., M. Neamtiu, and E. J. Riedl, 2010, Information asymmetry surrounding SFAS 142 goodwill impairments, Working paper (Harvard Business School).
  • Parsons, L. S., 2001, Reducing bias in a propensity score matched-pair sample using greedy matching techniques, Proceedings of the 26th Annual SAS Users Group International Conference.
  • Ramanna, K., and R. L. Watts, 2011, Evidence on the use of unverifiable estimates in required goodwill impairment, Working paper (Harvard Business School and MIT).
  • Rosenbaum, P. R., and D. B. Rubin, 1983, The central role of the propensity score in observational studies for causal effects, Biometrika70, 4155.
  • Sloan, R. G., 1996, Do stock prices fully reflect information in accruals and cash flows about future earnings?The Accounting Review71, 289315.
  • Watts, R. L., 2003, Conservatism in accounting – part I: explanations and implications, Accounting Horizons17, 207221.