Research On The Impairment Of The Huge Goodwill Of Jiayun Technology

In recent years,the a-share market has frequently seen the listed companies' business performance decline due to the impairment of huge goodwill,which not only drags down the company's business status,but also causes huge losses to external investors.The increase in the number of mergers and acquisitions in the a-share market and the rapid growth in the carrying amount of goodwill make the impairment risk of goodwill become increasingly significant,which causes the CSRC to pay great attention to the impairment of goodwill of listed companies,and the research value and practical significance of the impairment of goodwill gradually become prominent.First of all,this paper used statistical analysis methods to analyze the overall situation of goodwill and impairment of a-share listed companies in many aspects in the case selection.It was concluded that the carrying amount of goodwill and impairment soared year by year and the impairment provision and withdrawal behaviors were polarized.Second,from impairment issues highlighted in the media industry to select the most representative and typicality of cloud technology company as a case study object,to form the high reputation of its acquisition and subsequent impairment situation analysis,found that the case company in addition to the provision for large one-off concentrated in 2018 goodwill extreme behavior,also occurred in2017,the presence of signs of impairment no provision for impairment of the unreasonable behavior;Then analysis from the aspects of market reaction and financial condition in 2018 jia cloud the economic consequences of a huge goodwill impairment of science and technology,and further probing into the cause of the case company make huge impairment,through the analysis concludes that mergers and acquisitions when the underlying asset valuations,target company after the merger of the release of poor performance,large shareholders restricted stock earnings management motivation is motivation and management comprehensive factor affecting the case company occurred huge goodwill;Finally,we can draw inspiration from the case and make Suggestions for regulators,listed companies and outside investors.Compared with the empirical analysis to verify the motivation of goodwill impairment,this paper adopts specific case study,aiming to comprehensively and multi-angle perspective on the various causes of goodwill impairment in specific companies,and further analyzes the economicconsequences of goodwill impairment by using the event study method.The application of this paper is helpful for market regulators to effectively supervise the goodwill impairment of listed companies and reduce the risk of goodwill impairment.It is helpful for listed companies to improve their awareness of the risk of goodwill impairment and reduce the loss caused by huge impairment.It is beneficial for external investors to pay more attention to goodwill impairment information and reduce investment risk.