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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 劉啟群 | |
| dc.contributor.author | Chun-Yang Lin | en |
| dc.contributor.author | 林純央 | zh_TW |
| dc.date.accessioned | 2021-06-07T17:50:53Z | - |
| dc.date.copyright | 2012-11-22 | |
| dc.date.issued | 2012 | |
| dc.date.submitted | 2012-11-05 | |
| dc.identifier.citation | Ball, R. and P. Brown, 1968. An empirical evaluation of accounting income numbers. Journal of Accounting Research 6 (2): 159-178.
_____ and L. Shivakumar. 2005. Earnings quality in UK private firms: comparative loss recognition timeliness. Journal of Accounting and Economics 39: 83–128. Basu, S. 1997. The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics 24 (3): 3–37. Beaver, W.H., R. Lambert, and D. Morse. 1980. The information content of security prices. Journal of Accounting and Economics 2 (1): 3–28. _____, _____, and S. G. Ryan. 1987. The information content of security prices: A second look. Joumal of Accounting and Economics. (July): 139-157. _____. and S.G. Ryan. 1993. Accounting fundamentals of the book-to-market ratio. Financial Analysts Journal: 50–56. _____, and _____. 2005. Conditional and unconditional conservatism: concepts and modeling. Review of Accounting Studies 10: 269–276. Collins, D., P. Hribar, and X. Tian. 2010. The Confounding Effects of Operating Cash Flow Asymmetric Timeliness on the Earnings-Based Measure of Conditional Conservatism, Working Paper. _____ and S. Kothari. 1989. An Analysis of the Cross-sectional and Intertemporal Determinants of Earnings Response Coefficients. Journal of Accounting and Economics 11: 143–181. _____, _____, J. Shanken, and R. Sloan. 1994. Lack of Timeliness versus Noise as Explanations for Low Contemporaneous Return-Earnings Association. Journal of Accounting & Economics 18: 289–324. _____ and J. D. MacBeth. 1973. Risk, Return, and Equilibrium: Empirical Tests. Journal of Political Economy 81: 607–636. Ettredge, M., Y. Huang, and W. Zhang. 2012. Earnings restatements and differential timeliness of accounting conservatism. Journal of Accounting and Economics 53(3): 489–503 Freeman, R. and S. Y. Tse. 1992. A nonlinear model of security price pesponses to unexpected earnings. Journal of Accounting Research 30 (2): 185–209. García Lara, J.M., B. Garcia Osma, and F.Penalva. 2009. The Economic Determinants of Conditional Conservatism. Journal of Business Finance & Accounting 36: 336–372. Giner, B. and W. Rees. 2001. On the asymmetric recognition of good and bad news in France, Germany and the United Kingdom. Journal of Business, Finance & Accounting 28: 1285–1331. Kim, I. and D. J. Skinner. 2012. Measuring Securities Litigation Risk. Journal of Accounting and Economics 53(1-2): 290–310. Kothari, S. P. and R. Sloan. 1992. Information in Prices about Future Earnings: Implications for Earnings Response Coefficients. Journal of Accounting and Economics 15: 143–171. LaFond, R. and S. Roychowdhury. 2008. Managerial ownership and accounting conservatism. Journal of Accounting Research 46: 101–135. _____ and R. L. Watts. 2008. The Information Role of Conservatism. The Accounting Review 83, 447–478. Ohlson, J. 1995. Earnings, book value, and dividends in equity valuation. Contemporary Accounting Research, 11(Spring): 661–687. Pope, P. and M. Walker. 1999. International differences in timeliness, conservatism, and classification of earnings. Journal of Accounting Research 37 (Suppl.): 53–99. Qiang, X., 2007, The Effects of Contracting, Litigation, Regulation, and Tax Costs on Conditional and Unconditional Conservatism: Cross-Sectional Evidence at the Firm Level. The Accounting Review 82, 759–797. Ryan, S. 2006. Identifying conditional conservatism. European Accounting Review 15 (4): 511–525 _____. and P. Zarowin. 2003. Why has the contemporaneous linear returns-earnings relation declined? The Accounting Review 78 (2): 523–553. Warfield, T. and J. Wild. 1992. Accounting recognition and the relevance of earnings as an explanatory variable for returns. The Accounting Review 67: 821–842 Watts, R. L. 2003. Conservatism in accounting part I: explanations and implications. Accounting Horizons 17 (3): 207–221. White, H. 1980. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica 48: 817–838. | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/15729 | - |
| dc.description.abstract | This dissertation consists of two parts. The first study examines the manifestation of conservatism based on Basu (1997) measure under the price-lead-earning attribute. I construct a multi-period model to capture lagged earnings responses to good news and those to bad news to extend the Basu measure of asymmetric timeliness to a multi-period concept. Results show that differences between earnings responses to good news and those to bad news exist and persist for several periods. With varying incremental earnings responses to bad news, I argue that comparison of conservatism across firms based on Basu’s (1997) single period measure may not fully capture the effect of accounting conservatism. The second study examines the manifestation of conservatism based on Basu (1997) measure under the nonlinearity in earnings responses. I find that due to nonlinear earnings responses to news of large absolute values, a linear measure of conditional conservatism may not fully capture the effect of accounting conservatism. Both results indicate that prior evidence which suggests firms with different characteristics result in different extent of conservatism and the impacts of differences in conservatism across firms lead to differential economic consequences such as information quality, economic decisions and assets valuation needs to be re-examined. Considering both attributes can improve the effectiveness of comparing the extents of conservatism based on the asymmetric timeliness of earnings across firms. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-07T17:50:53Z (GMT). No. of bitstreams: 1 ntu-101-D94722004-1.pdf: 899587 bytes, checksum: 53c1b01e5e6ebb0311cda506cfe5638b (MD5) Previous issue date: 2012 | en |
| dc.description.tableofcontents | 口試委員會審定書……………………………………………………………………………... I
謝辭 II 中文摘要 III Abstract IV Chapter 1. A multi-period measure of conservatism on the price-lead-earning attribute 1 1.1 Introduction 1 1.2 Literature Review 7 1.3 Hypotheses Development and Regression Equations 9 1.4 Sample and Descriptive Statistics 15 1.5 Empirical Analyses 16 1.5.1 EPS including an extraordinary item as the dependent variable 16 1.5.2 The effect of litigation risk on multi-period asymmetric timeliness 19 1.5.3 EPS excluding extraordinary items & EPS from operation as dependent variables 20 1.5.4 Asymmetric responses of cash flows and accruals 21 1.5.5 The aggregated asymmetric earnings responses to news 23 1.6 Conclusion 25 Chapter 2 The nonlinear measure of conditional conservatism 39 2.1 Introduction 39 2.2 Hypotheses and Research Models 43 2.3 Sample Selection and Descriptive Statistics 47 2.4 Empirical Results 49 2.4.1The nonlinear measure of conditional conservatism 49 2.4.2 The effect of litigation risk on nonlinear conservatism 51 2.4.3 Effects of extraordinary items on the degree of nonlinear conservatism 51 2.4.4 Alternative forms of nonlinear measure of conservatism 52 2.5 Conclusion 53 Appendix A. 60 Reference 65 | |
| dc.language.iso | en | |
| dc.subject | 訴訟風險 | zh_TW |
| dc.subject | 不對稱及時性 | zh_TW |
| dc.subject | 穩健原則 | zh_TW |
| dc.subject | 落後反應 | zh_TW |
| dc.subject | 非線性 | zh_TW |
| dc.subject | nonlinear | en |
| dc.subject | litigation risk | en |
| dc.subject | conservatism | en |
| dc.subject | asymmetric timeliness | en |
| dc.subject | earning lags | en |
| dc.title | 盈餘之落後反應與非線性反應對Basu(1997)不對稱及時性衡量之影響 | zh_TW |
| dc.title | The effects of multi-period lags and nonlinearity on Basu (1997) measure of conservatism | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 101-1 | |
| dc.description.degree | 博士 | |
| dc.contributor.oralexamcommittee | 林修葳,林嬋娟,劉順仁,陳聖賢,吳清在 | |
| dc.subject.keyword | 不對稱及時性,穩健原則,落後反應,非線性,訴訟風險, | zh_TW |
| dc.subject.keyword | conservatism,asymmetric timeliness,earning lags,nonlinear,litigation risk, | en |
| dc.relation.page | 68 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2012-11-05 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 會計學研究所 | zh_TW |
| 顯示於系所單位： | 會計學系 | |
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