High quality innovation is the cornerstone of high quality economic development. Focusing on enterprise innovation quality, this paper investigates the influencing factors of innovation quality from the perspective of goodwill impairment information disclosure. This paper selects A share listed companies in Shanghai and Shenzhen from 2008 to 2018 as a sample to empirically test the impact effect and mechanism of goodwill impairment on enterprise innovation quality. The results show that goodwill impairment has a significant negative impact on enterprise innovation quality, and reduces enterprise innovation quality by affecting enterprise risk taking level and earnings management tendency. In addition, the improvement of enterprise information disclosure quality and performance compensation commitment exacerbate the above negative correlation, and perform more significantly in non state owned enterprises, regulatory industry enterprises and enterprises with poor institutional environment.