对负商誉的再认识

本文在认识负商誉存在的客观必然性的基础上 ,通过对目前负商誉的三种观点的评价。提出了负商誉只有在吸收合并情况下产生 ,而且负商誉的实质应分别从主并企业和被并企业的角度来认识。对于被并企业来说 ,负商誉是被并企业支付给主并企业的一种价值补偿 ;而对于主并企业来说 ,负商誉是主并企业在投资过程中的“风险收益”或“购货折扣”的一部分 ,或者是主并企业的“股票溢价”中的一部分。

Re-interpretation of the Negative Goodwill

Based on the necessity of the existence of the negative goodwill Goodwill,this essay, by commenting on the three viewpoints of the negative goodwill, has pointed out that only under the circumstance of absorption and mergence, can the negative goodwill come into being.The nature of the negative goodwill should be understood by the actively-merging and passively-merged enterprises respectively. For the passively-merged enterprises, the negative goodwill is a sort of their value compensation for the actively-merging enterprises.On the contrary, for the actively-merging enterprises, the negative goodwill is part of "the risk income"or"purchase discount" in the course of their investment or part of their "stock overflow".